Buy Buy Buy or Sell Sell Sell?

[ChocolateBitcoinK]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Saying that ethereum is good or the strongest alt coin is like saying how they are less shitty than the other, because alt and meme coin are all full of shit, so it's wrong for any right thinking person to be putting them in the same bracket as Bitcoin that has proven to be very reliable over the years.  Alt and meme coin are created for gambling purpose, and it should be treated as such, not seen as an investment opportunity as most ignorant investors are taking it as.

I agree with you, we cannot compare any altcoin to Bitcoin. All of them are far below Bitcoin and can never be like Bitcoin. Bitcoin is one, nothing is equal to Bitcoin, so it is not right to compare Bitcoin with anything else, no other currency can be as successful as Bitcoin and come to the level of Bitcoin. Also, the biggest thing is that other currencies are not decentralized like Bitcoin, and their supply is not limited like Bitcoin, where Bitcoin is full decentralize and it has limited 21 million supply, which is why Bitcoin is ultimately much more reliable and highly successful than all other currencies so far. And a conscious investor understands these things very well and for this reason they are more dependent on Bitcoin.

[ejikeme24]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Saying that ethereum is good or the strongest alt coin is like saying how they are less shitty than the other, because alt and meme coin are all full of shit, so it's wrong for any right thinking person to be putting them in the same bracket as Bitcoin that has proven to be very reliable over the years.  Alt and meme coin are created for gambling purpose, and it should be treated as such, not seen as an investment opportunity as most ignorant investors are taking it as.

Alt coin have absolutely nothing to do with our discussion here, talking about Ethereum how far has it gone over the years? Majority of this alt coins especially Ethereum still depend on bitcoin so while discussing about bitcoin we are not even meant to compare or bring alt coin related discussion there because bitcoin is the father of them all. We are not talking about the stay this is about potential you can't hold something that doesn't have a good potential or that derive from other source before growth can take place, so bitcoin should only be your best choice of investment because it is self dependent and also, it's more reliable than every other coin in the market.

[Emmanuel9977]

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Common sense does not necessarily relate to any specific knowledge, since it relates to being able to exercise good judgement in terms of recognizing what you know and what you don't know.

So if a person has common sense, but he does not know how to calculate whether he has discretionary funds, then his common sense would guide him in recognizing that he needs to learn how to calculate whether he has discretionary funds and also enough discretionary funds to get started investing in bitcoin.

A guy with common sense would also recognize that if he does not know much about bitcoin, yet he is able to calculate that he has discretionary funds, then he would invest an amount (likely small amount) that is commensurate with his lack of knowledge... so his common sense would tell him to start out slow since his discretionary funds have to also be used for building his back up funds and any other discretionary consumption that he might have.  His common sense would tell him that as he becomes more confident and knowledgeable, then he could invest more into bitcoin.

So a beginner to bitcoin only needs discretionary funds and common sense to get started, and the common sense is not specifying any specific kind of knowledge, e,,ven though anyone coming to consider bitcoin is going to be starting from some already existing skills, knowledge, experiences, and figures out whether and how much to start to invest into bitcoin based on his assessment of his own particular situation and using common sense that is providing him with reasonable judgement and perhaps even needs to pace himself in his bitcoin involvement and his ongoing learning that likely faces all beginners, even though some might be starting with higher levels of skills, knowledge and/or experiences than others.

Yes, damn true, buddy. To survive in the Bitcoin market you need to have sense and be aware of what you are doing. Being a called expert is not as important, as having these basic things.

From what I have seen a lot of people get caught up in the fear of missing out. They put all their money into Bitcoin . They even borrow money to invest.. Common sense tells you to start by figuring out how much money you can really afford to invest. You should calculate your money and start with a small amount. Investing in crypto is something you learn about over time. When people first start they do not all have the experience.. The smart thing to do is to know what you do not know and make good decisions. The Bitcoin  market is always changing so you have to keep learning about the Bitcoin or crypto market.

Not only in Bitcoin even if in another thing  that we invest you can not even use all your funds to invest, talk More of Bitcoin, and Bitcoin is not short time business is long time run business. So you should not have the mindset to invest all your money there, so you should have discretionary funds. and also you should learn crypto understand everything, I we not advice you to borrow money, just start small and stay calm.

[Sonia_123]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Saying that ethereum is good or the strongest alt coin is like saying how they are less shitty than the other, because alt and meme coin are all full of shit, so it's wrong for any right thinking person to be putting them in the same bracket as Bitcoin that has proven to be very reliable over the years.  Alt and meme coin are created for gambling purpose, and it should be treated as such, not seen as an investment opportunity as most ignorant investors are taking it as.

Alt coin have absolutely nothing to do with our discussion here, talking about Ethereum how far has it gone over the years? Majority of this alt coins especially Ethereum still depend on bitcoin so while discussing about bitcoin we are not even meant to compare or bring alt coin related discussion there because bitcoin is the father of them all. We are not talking about the stay this is about potential you can't hold something that doesn't have a good potential or that derive from other source before growth can take place, so bitcoin should only be your best choice of investment because it is self dependent and also, it's more reliable than every other coin in the market.

see no reason why we should be discussing alt coin since bitcoin remains the ultimate and the best among them all, Bitcoin cannot be compared to any other coin that is why you see bitcoin growing and alot of people invest in it than any other coin

[Cleanslate_]

Managing money correctly is one of the keys to success in everything involving money, such as doing business, investing, or trading; but, we must also be able to manage ourselves so that we do not become complacent about the rewards acquired, causing us to forget the risks. Also, keep in mind that it is a mistake to set out to do anything solely for the sake of money, thus thinking about fast money schemes will only make matters worse. It would be preferable if we could devise strategies to keep things operating smoothly. The most challenging aspect of BTC investing is maintaining it (HOLD).

The crypto market is really tough to survive in. You need to be good at managing your money and keeping your emotions in check. This is more important than knowing all the stuff. A lot of people get into the market because they see others making money and they want to make some. They take risks at the wrong time and end up losing all their money in the end.

I have learned this from my experience. When the market is going up and you see all those candles it is easy to get too comfortable. This is when you need to be careful and think clearly. You have to control your emotions and make decisions about your money. It is not easy to hold onto Bitcoin when the market's all over the place.. The people who do well in the end are the ones who can ignore the ups and downs and focus on their long term goals.

You are actually on the wrong thread since we're not talking about trading here but bitcoin investing. You have tried with trading and lost, then why not give investing a chance? Bitcoin investment is the best shot even in profitability if you can overcome the desire to sell in a short while. Bitcoin investment is all about your determination and consistency to keep adding to your portfolio and hold for long that determines your success.

The smart thing to do is to have a plan and stick to it of making decisions based on how you feel at the moment. Crypto market and Bitcoin are all, about being patient and following a strategy.

The smart thing to do rather is remaining consistent in your buys and holding for a long-term, making decisions with respect to your cashflow and managing it very well in order to remain invested into bitcoin for longer, for example if there is an increase in expenses for a particular period, then it is okay to cut down your buying amount with respect to available discretionary income and when there is less expenses or you receive a gift, bonus or any other side income, you can use it to increase your buying amount for that period. Buying amounts can be flexible, it all depends on your discretionary income and your choice of aggressiveness still from a point of comfort and zero financial strain.

It is not a good idea to be reducing your buying strength in bitcoin because of your increased expenses, why not look for an alternative job to boost your income because reducing your buying strength will slow you building up process in bitcoin that means anytime you have high expenses, it is your bitcoin investment that pays the price if you continue like that it will be difficult to get to your over accumulation stage, an investment which is to take five years will end up taking 10 years with the same amount allocated for it , it show unseriousness in the part of the investor.

[Gallar]

If someone wants to learn to swim, they have to jump into the river. Only then can they become a better swimmer, because you can never become a good swimmer just by standing outside.
The same rule applies in investing if someone wants to learn trading or the basics about investing he needs to put some money in because this will help him, and he will have a better understanding and value of things.
Bitcoin investment surely has big potential, and everyone can take advantage of this. I'm already in and now looking for more and better understanding. This is only possible while I'm in with my funds.

Yes,, in some ways, I agree with your assumption, friend. It's true that someone who doesn't directly dive into the field they're pursuing will certainly not achieve the same results as someone who does. But it's also important to remember that if you compare someone investing in Bitcoin to someone jumping into water,, I think there's one thing you should consider. What would happen if someone who can't swim at all and doesn't even know the theory of swimming jumped straight into deep water?? I'm sure that would be extremely dangerous and could even be life-threatening...

Therefore,, even if they can't swim initially,, to be safer, they should first learn swimming theory, which they can then apply once they're in the water. So, I think this is also very important to consider when someone wants to invest in Bitcoin. Because basically, if someone immediately jumps into Bitcoin with zero knowledge, it will definitely be very dangerous. Therefore, it is very important to understand the basics of how to invest in Bitcoin before jumping in.

you don't necessarily need a basic knowledge as per starting to invest in bitcoin. What you need is common sense on how figure out the availability of Discretionary Income then after that you gain whatever knowledge that is important as you continue with your bitcoin accumulation. So it won't be a wise idea for someone that has figured out there Discretionary income not to start accumlating bitcoin because they want to acquire basic knowledge before starting. All what they need is common sense on how to figure out things.

Bro, common sense alone won't be enough to get someone started investing in Bitcoin. What I'm referring to here is laypeople who have never invested before. Basically, if you don't learn a little basic knowledge about investing in Bitcoin, how will you know which exchanges are good for buying Bitcoin? Then, how do you buy it, and how do you deposit fiat funds into the exchange? So, this requires a little study, because it would be fatal if someone who hasn't learned anything wants to deposit fiat funds into the exchange and makes a mistake; their money will surely disappear.

So,, this is where learning a little is crucial to start investing in Bitcoin. Do you think people who are unfamiliar with Bitcoin will immediately know how to deposit funds and buy Bitcoin?? Absolutely not.. Because I reflected on myself when I was a novice. Honestly,, I was confused when I wanted to buy Bitcoin. So,, from there, I learned a little basic knowledge, and finally I understood. So that's why I emphasize learning a little basic knowledge when investing in Bitcoin.

Perhaps you used common sense to figure out what you knew and what you did not know, and you determined what you felt that you needed to know in order to feel more comfortable getting started and to figure out your starting out amount.  You did not necessarily need to know any specific thing about bitcoin in order to get started, beyond maybe where to source it.. and you could largely learn as you go, yet you decided that you wanted to feel more comfortable with certain aspects of bitcoin prior to your getting started, yet others come to bitcoin with other skills, knowledge and/or experiences that might contribute to their drawing the line in a different place in terms of what more that they felt that they needed to learn before getting started.

Yes, I agree with your assumption, my friend, because what you said is indeed true. But here I'm not saying you have to learn about Bitcoin. What I'm emphasizing is learning where to buy Bitcoin and how to buy it. Because, personally, I think that's something that needs to be researched and studied a little. And when it comes to learning about Bitcoin, I don't really recommend it for people who are just starting to invest in it. Because that's clearly not something that beginners need to learn.

Because we're just investing here, and if you're interested, you can learn about it once your Bitcoin investment is up and running. So, the point is like that, in my opinion. So I'm not telling beginners who want to invest in Bitcoin to learn about Bitcoin. But to find out where to buy it and how to buy it. Because that's what I did in the past.. But I also know that not everyone is stupid, and not everyone is smart. But here I am just sharing what I experienced before,, because who knows, maybe there are people who have experienced the same thing as me..

[Kelward]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Saying that ethereum is good or the strongest alt coin is like saying how they are less shitty than the other, because alt and meme coin are all full of shit, so it's wrong for any right thinking person to be putting them in the same bracket as Bitcoin that has proven to be very reliable over the years.  Alt and meme coin are created for gambling purpose, and it should be treated as such, not seen as an investment opportunity as most ignorant investors are taking it as.

Alt coin have absolutely nothing to do with our discussion here, talking about Ethereum how far has it gone over the years? Majority of this alt coins especially Ethereum still depend on bitcoin so while discussing about bitcoin we are not even meant to compare or bring alt coin related discussion there because bitcoin is the father of them all. We are not talking about the stay this is about potential you can't hold something that doesn't have a good potential or that derive from other source before growth can take place, so bitcoin should only be your best choice of investment because it is self dependent and also, it's more reliable than every other coin in the market.

This is a buy or sell Bitcoin thread so it's not appropriate to make any comparisons about it and any altcoins on this thread, having clarified this I will like to say that there is no way any altcoins can come near where Bitcoin is because it is in it's own league alone. Bitcoin is the reason why cryptocurrency is still relevant and standing strong till today and if not for it's decentralization, limited supply and strong network I'm sure that hackers and scammers would have made a mess of it like they're doing to shitcoins.

If not for the achievements of Bitcoin from it's creation till date I don't think that any of us will be here today talking about it and although nothing is totally guaranteed in the future we believe that Bitcoin has the potentials to keep reaching ATH in the future. I don't think that we can get this type of assurance from any top altcoins or shitcoins so let's focus on Bitcoin that has a very wide edge to be far more profitable than any other cryptocurrency created.

[Crytohillss]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Bitcoin has already prove him self over the years while most coins are still trying to get along to trust , the security , adoption and the scarcity of Bitcoin are things that can't just be occupied over time alot of projects come and gone but Bitcoin remain standing strong through every period that's why so many folks still see it as the safest mostly reliable assets.

[Tonimez]

[Edited out]

It is not a good idea to be reducing your buying strength in bitcoin because of your increased expenses, why not look for an alternative job to boost your income because reducing your buying strength will slow you building up process in bitcoin that means anytime you have high expenses, it is your bitcoin investment that pays the price if you continue like that it will be difficult to get to your over accumulation stage, an investment which is to take five years will end up taking 10 years with the same amount allocated for it , it show unseriousness in the part of the investor.

The first goal is to stay alive and take care of yourself and your family and other basic responsibilities in all you do. Bitcoin investment is not a one way traffic or a journey of no return. This is why it is always advised that you invest with your Discretionary income which means to invest with the money left after attending to all your basic responsibilities not minding the amount left after attending to your basic responsibilities because that is your primary responsibility.

In as much as having an alternative source of income is a very good idea that Every bitcoin investor should attempt having with or without increase in basic responsibilities because the more financially stable you are, the better you concentrate on your bitcoin accumulation process. However, if you are still sourcing for your alternative source of income and before you find one, you happen to have an increase in your BASIC responsibilities, the best approach is to first attend to those basic responsibilities and then with your (supposedly) reduced discretionary income, you can buy bitcoin while you continue to source for an alternative source of income.

The DCA strategy is a flexible approach to bitcoin accumulation and not as rigid as you are making It look. It would be a very wrong idea to insist on buying the same amount of bitcoin when you already have an increased expenses due to increased responsibilities like added family members (kids) especially when your income has not increased proportionally. Your accumulation goals were set by you and you are not in any competitions with anyone so there's no point stressing out life from your self because you want to maintain an identical accumulation process. Situations may arise that needs to be handled, what you do is, reduce your DCA allocation and attend to such situations and then you can always increase your allocation any time your finances stabilise.

Let me set a life example, when your monthly income is $200 with a total of 4 dependants as a lower income earner. If you were initially investing $20 monthly in bitcoin, you may be forced to drop your bitcoin allocation to $15 or even $10 when the family increases by 2 more kids because you have to take into account their feeding, and possible health emergencies of additional 2 people. At all time, consider your income and your family good before going into aggressively buying beyond your financial capacity. Do not allow your accumulation target to destroy your bitcoin stash by chasing your accumulation target as if you won't live the next minute.

Again, you made mention of 5 years accumulation period to reach your accumulation target. I would say that 5 years is such a short period to achieve an accumulation target as long as you are still in active service or still have a stable source of income and with age by your side. Do not pressure yourself into loosing yourself because you want to achieve an accumulation target in a short time. Moreover it is advisable to set an initial accumulation target  period of 10 years or even more if you can.

[sotelorene]

Managing money correctly is one of the keys to success in everything involving money, such as doing business, investing, or trading; but, we must also be able to manage ourselves so that we do not become complacent about the rewards acquired, causing us to forget the risks. Also, keep in mind that it is a mistake to set out to do anything solely for the sake of money, thus thinking about fast money schemes will only make matters worse. It would be preferable if we could devise strategies to keep things operating smoothly. The most challenging aspect of BTC investing is maintaining it (HOLD).

The crypto market is really tough to survive in. You need to be good at managing your money and keeping your emotions in check. This is more important than knowing all the stuff. A lot of people get into the market because they see others making money and they want to make some. They take risks at the wrong time and end up losing all their money in the end.

I have learned this from my experience. When the market is going up and you see all those candles it is easy to get too comfortable. This is when you need to be careful and think clearly. You have to control your emotions and make decisions about your money. It is not easy to hold onto Bitcoin when the market's all over the place.. The people who do well in the end are the ones who can ignore the ups and downs and focus on their long term goals.

You are actually on the wrong thread since we're not talking about trading here but bitcoin investing. You have tried with trading and lost, then why not give investing a chance? Bitcoin investment is the best shot even in profitability if you can overcome the desire to sell in a short while. Bitcoin investment is all about your determination and consistency to keep adding to your portfolio and hold for long that determines your success.

The smart thing to do is to have a plan and stick to it of making decisions based on how you feel at the moment. Crypto market and Bitcoin are all, about being patient and following a strategy.

The smart thing to do rather is remaining consistent in your buys and holding for a long-term, making decisions with respect to your cashflow and managing it very well in order to remain invested into bitcoin for longer, for example if there is an increase in expenses for a particular period, then it is okay to cut down your buying amount with respect to available discretionary income and when there is less expenses or you receive a gift, bonus or any other side income, you can use it to increase your buying amount for that period. Buying amounts can be flexible, it all depends on your discretionary income and your choice of aggressiveness still from a point of comfort and zero financial strain.

It is not a good idea to be reducing your buying strength in bitcoin because of your increased expenses, why not look for an alternative job to boost your income because reducing your buying strength will slow you building up process in bitcoin that means anytime you have high expenses, it is your bitcoin investment that pays the price if you continue like that it will be difficult to get to your over accumulation stage, an investment which is to take five years will end up taking 10 years with the same amount allocated for it , it show unseriousness in the part of the investor.

Looking for an alternative job is not really a bad idea but one don't have to force it because same thing can happen in our Bitcoin investment when we have a less expenses to take care of which means that our buying capacity will also increase. Moreover, this is a situation one should not over stress or get themselves worked up because it is a factor that affect Bitcoin investment and like I said this factor can be negative or positive depending on whether our expenses increases or decreases.

[Jody.Drummer]

If someone wants to learn to swim, they have to jump into the river. Only then can they become a better swimmer, because you can never become a good swimmer just by standing outside.
The same rule applies in investing if someone wants to learn trading or the basics about investing he needs to put some money in because this will help him, and he will have a better understanding and value of things.
Bitcoin investment surely has big potential, and everyone can take advantage of this. I'm already in and now looking for more and better understanding. This is only possible while I'm in with my funds.

Yes,, in some ways, I agree with your assumption, friend. It's true that someone who doesn't directly dive into the field they're pursuing will certainly not achieve the same results as someone who does. But it's also important to remember that if you compare someone investing in Bitcoin to someone jumping into water,, I think there's one thing you should consider. What would happen if someone who can't swim at all and doesn't even know the theory of swimming jumped straight into deep water?? I'm sure that would be extremely dangerous and could even be life-threatening...

Therefore,, even if they can't swim initially,, to be safer, they should first learn swimming theory, which they can then apply once they're in the water. So, I think this is also very important to consider when someone wants to invest in Bitcoin. Because basically, if someone immediately jumps into Bitcoin with zero knowledge, it will definitely be very dangerous. Therefore, it is very important to understand the basics of how to invest in Bitcoin before jumping in.

you don't necessarily need a basic knowledge as per starting to invest in bitcoin. What you need is common sense on how figure out the availability of Discretionary Income then after that you gain whatever knowledge that is important as you continue with your bitcoin accumulation. So it won't be a wise idea for someone that has figured out there Discretionary income not to start accumlating bitcoin because they want to acquire basic knowledge before starting. All what they need is common sense on how to figure out things.

I think it's obvious with common sense, and to do something you have to at least know about it. So, having some basic knowledge at least makes more sense than nothing, especially in something that involves risk of loss having some basic knowledge is certainly better than nothing. However, if we jump into something just by relying on common sense alone without any knowledge at all, of course that's not right, although it can be while learning too, but at least having the supplies first in my opinion is better than nothing.

[Stive009]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Bitcoin has already prove him self over the years while most coins are still trying to get along to trust  the security adoption and the scarcity of Bitcoin are things that can't just be occupied over time alot of projects come and gone but Bitcoin remain standing strong through every period that's why so many folks still see it as the safest mostly reliable assets.

No other crypto project has come close to the way Bitcoin has proven itself so far. Hundreds of altcoins have come and gone, but Bitcoin has come back stronger every time it crashes and goes through tough times. This security and limited supply (Scarcity) is why big investors consider Bitcoin as safe as gold. And it is because of this trust that people have the courage to DCA Bitcoin year after year. There is nothing more reliable than Bitcoin for longterm survival.

[Agbam]

I somewhat agree with your view that Bitcoin's the best. Bitcoin is special because it is not controlled by any one person or group which makes it like a version of gold and a great way to store money.

I do not think it is fair to say that Ethereum or other alternative coins are not worth anything. While Bitcoin is good, for storing money Ethereum is a platform that allows for different things to be built on it. Its smart contracts and other technologies are helping to keep the blockchain system moving forward.

Bitcoin and Ethereum were made for reasons. Bitcoin wants to be a currency that everyone can use while Ethereum wants to be a new way for people to do financial things on the internet. Even though Ethereum was started by one person it has grown into something bigger and more diverse. So of only investing in Bitcoin I think it is a good idea to also consider Ethereum because of its technology. Bitcoin is still a core investment but Ethereum should not be ignored.

How you try to compare Bitcoin to ethereum do looks strange how you not looking into the success range of Bitcoin and Ethereum over the years and which would you encourage an investor to plunge his money into it for a long period of investment term.

When was ethereum last All Time high? How do you encourage a long term investor to alternate on such a coin over Bitcoin that have made several highs from when last ethereum did it last high.

Ethereum in a way is a shit coin, centralised, meaning it can easily buy manipulated in price and where utility is prioritised ethereum does not come close to Bitcoin. 

Ethereum is a baby when compared to Bitcoin, one that the growth is stunted. People forget the reason for all this other coins is just alternative to Bitcoin. Nothing can be as good as the original.

Investors who want to grow their wealth for the future will not think twice about investing in Bitcoin cos they understand what they’ll be getting. Only Gamblers and short term hunters will be diverging into alt, shit or meme coins.

[Sulegzy39]

People often neglect Bitcoin when they mention Ethereum; even if Ethereum is currently the strongest Altcoin, its performance is still relatively poor when compared to Bitcoin.
I don't recommend investing in altcoins, shitcoins, or any other cryptocurrency other than bitcoin. I won't push anyone into anything I don't trust unless it's for fun or gambling.

[BluebloodCXVI]

It is not a good idea to be reducing your buying strength in bitcoin because of your increased expenses, why not look for an alternative job to boost your income because reducing your buying strength will slow you building up process in bitcoin that means anytime you have high expenses, it is your bitcoin investment that pays the price if you continue like that it will be difficult to get to your over accumulation stage, an investment which is to take five years will end up taking 10 years with the same amount allocated for it , it show unseriousness in the part of the investor.

The fact that you’re calling people “unserious” simply because they thought it best to reduce their Bitcoin buys due to higher expenses/inflation, shows that you’re completely out of touch with reality. Maybe you seem to forget that not everybody lives in perfect conditions where their income keeps increasing while expenses stay the same forever, life happens. Bills go up, responsibilities increase, emergencies show up unexpectedly and these are things that can happen to any normal adult, it doesn’t mean they lack discipline.
Also, this your whole “get another job” argument sounds very funny to me, you say it as if Jobs grow on trees or someone can just snap their fingers and get a job on demand, it doesn’t work like that pal, at least from where I’m from. Some people are already exhausted from working long hours on their current jobs just to stay afloat, what makes you think you can lecture those kind of people from a comfortable position and act like maintaining the same DCA amount at all cost will get them some type of badge of honor?.
If there’s anything that should be considered as unserious, it’s risking your financial stability just to prove a point to bitcoin, who are you trying to impress ?. Bitcoin is supposed to be something that will improve your life, not turn you into someone who is financially reckless. If your expenses rise and you adjust your buying temporarily, that’s called being responsible, it does not mean that you’re weak, know the difference and stop acting as if reducing your buying amount for a period of time will suddenly destroy your future with your bitcoin investment. So because somebody decided to adjust their DCA during hard times, does that now mean their 5-year plan will magically become 10 years?, hell no!!, that’s too dramatic. Markets don’t move in straight lines and neither do people’s incomes, someone can reduce today and increase aggressively tomorrow when things improve.
At the end of the day, a person who does well to adjust their strategy when it’s necessary and stays consistent in the long term is far smarter than someone forcing unrealistic accumulation targets, stressing themselves out, then eventually selling their Bitcoin because they ignored their reality.

[SPIDERMAN008]

People often neglect Bitcoin when they mention Ethereum; even if Ethereum is currently the strongest Altcoin, its performance is still relatively poor when compared to Bitcoin.
I don't recommend investing in altcoins, shitcoins, or any other cryptocurrency other than bitcoin. I won't push anyone into anything I don't trust unless it's for fun or gambling.

You are making two comments at the same time, one contradicting the other. At the same time, you are talking against altcoins and talking positively about an altcoin. Actually, I think all altcoins are the same. I don't even want to say the name altcoins. The basis of Bitcoin will not match the basis of any altcoin. The base of altcoin is so weak. So no matter how powerful we think about of any altcoin we should get far from investing on that.  People get scam by investing this kind of shitcoins . And now its increasing day by day . So be careful where you are investing  you valuable money .

[Hardyrobust]

If someone wants to learn to swim, they have to jump into the river. Only then can they become a better swimmer, because you can never become a good swimmer just by standing outside.
The same rule applies in investing if someone wants to learn trading or the basics about investing he needs to put some money in because this will help him, and he will have a better understanding and value of things.
Bitcoin investment surely has big potential, and everyone can take advantage of this. I'm already in and now looking for more and better understanding. This is only possible while I'm in with my funds.

Yes,, in some ways, I agree with your assumption, friend. It's true that someone who doesn't directly dive into the field they're pursuing will certainly not achieve the same results as someone who does. But it's also important to remember that if you compare someone investing in Bitcoin to someone jumping into water,, I think there's one thing you should consider. What would happen if someone who can't swim at all and doesn't even know the theory of swimming jumped straight into deep water?? I'm sure that would be extremely dangerous and could even be life-threatening...

Therefore,, even if they can't swim initially,, to be safer, they should first learn swimming theory, which they can then apply once they're in the water. So, I think this is also very important to consider when someone wants to invest in Bitcoin. Because basically, if someone immediately jumps into Bitcoin with zero knowledge, it will definitely be very dangerous. Therefore, it is very important to understand the basics of how to invest in Bitcoin before jumping in.

you don't necessarily need a basic knowledge as per starting to invest in bitcoin. What you need is common sense on how figure out the availability of Discretionary Income then after that you gain whatever knowledge that is important as you continue with your bitcoin accumulation. So it won't be a wise idea for someone that has figured out there Discretionary income not to start accumlating bitcoin because they want to acquire basic knowledge before starting. All what they need is common sense on how to figure out things.

I think it's obvious with common sense, and to do something you have to at least know about it. So, having some basic knowledge at least makes more sense than nothing, especially in something that involves risk of loss having some basic knowledge is certainly better than nothing. However, if we jump into something just by relying on common sense alone without any knowledge at all, of course that's not right, although it can be while learning too, but at least having the supplies first in my opinion is better than nothing.

The reason why said you need common sense in getting started is that with common sense you can be able to figure out if you have discretionary income or not . So ones you can be able to figure out if you have discretionary income then you can start accumulating bitcoin. You must begin seeking for basic knowledge before you can be able to identify if you have discretionary income or not.

[BitBakerr1]

People disregard bitcoin a lot when they put Ethereum in the same sentence as Bitcoin, even as Ethereum might be the strongest Altcoin right now its performance is still very pretty low when compared to Bitcoin.
I don’t even advise people to get into any kind of Altcoins, shitcoins, any other cryptocurrency except bitcoin, I can’t push someone into something I don’t trust unless it’s for the fun of it… just gambling.

Bitcoin has already prove him self over the years while most coins are still trying to get along to trust , the security , adoption and the scarcity of Bitcoin are things that can't just be occupied over time alot of projects come and gone but Bitcoin remain standing strong through every period that's why so many folks still see it as the safest mostly reliable assets.

Bitcoin has been in existence for years now and has been doing very well and it’s important to note that bitcoin is the fight cryptocurrency to exist and when there’s a drop in bitcoin it affects other cryptocurrencies, bitcoin is the coin holding others without bitcoin other cryptocurrencies won’t exist, bitcoin is very important to the ecosystem of cryptocurrencies and when bitcoin stops existing others will stop too, the fall of bitcoin is the fall of other cryptocurrencies, when bitcoin falls no one will be willing to trust another cryptocurrency again, bitcoin is the king of cryptocurrency and doubting bitcoin’s future growth is like doubting the future existence of money.

[Bright0515]

I think it's obvious with common sense, and to do something you have to at least know about it.

I guess if an investor has common sense they will not have to put alot of money into Bitcoin for a start either because of what people are saying or one thing or the other. Isn't it obvious that when a beginner has common sense they will not invest with money for their survival? So they will only invest with small amount of money from their discretionary income. It's not a must that you will learn before you start, all you need is discretionary income (small amount of money from your discretionary income). Actually I believe many people panic when the price start going down because they don't have the common sense to know that Bitcoin price won't stay down forever.
Based on my own understanding, with common sense you will understand that it's profit is not guaranteed so you wouldn't want borrow money to buy Bitcoin, an investor with common sense will understand the importance of DCA strategy, will also understand why it's important to hold Bitcoin for a very long period of time.

but at least having the supplies first in my opinion is better than nothing.

For the fact that you have the common sense to begin with, you are not starting Bitcoin investment with nothing. If you have common sense, you will understand that waiting to learn everything before you start buying Bitcoin will definitely delay your accumulation process. So the important thing is getting started with discretionary income so long as you have the common sense to begin with. Learning can literally delay a beginner because learning never ends, so common sense serves best, you can learn other necessary things while buying.

[Sarah_Jannat42]

Nowadays, many new traders entry the market hoping to buy at a low price and sell at a higher price. But in reality things are not that simple. fear during price drops and greed during price increases often lead people to make wrong decisions which later causes losses.
In my opinion chasing profit without understanding the market and the risks involved is a big mistake. Making small but consistent profits over time is much better than running after unrealistic gains.
In trading, learning technical analysis is important, but controlling emotions and making the right decisions at the right time are equally important.

First determine where your focus is (investment or trading). If the focus is trading related, then this is the wrong place for you. Here we only discuss long-term investment in Bitcoin. A new investor should gain general knowledge about Bitcoin and long-term investment. And it is very important to know with what money to start his investment activities. A person will start his investment activities in Bitcoin with the money that is left after meeting his basic needs (it can be $ 10). And we know that, just as for success in any work, consistency is needed, in order to invest in Bitcoin, an investor will continue to buy and collect Bitcoin on a weekly or monthly basis (whichever is his comfort zone) and hold it for at least 4-10 years. In this way, if you invest patiently and keep the mindset of long-term investment, the rate of success from that investment is much higher than any other work.

The main problem some persons encounter in Bitcoin investments is lack of basic knowledge about Bitcoin and it investment, because if a person is not fit enough to bare the changes in price, a person might end up depressed, watching the money they invented turn almost zero, for someone who does not know about discretionary income and emergency funds, and ended up investing almost everything he had hoping the price will go up soon, and it turns to be the opposite. Really that basic knowledge is very important and a person should also made up their mind on what investment method they want to operate, either long term or short term investment to avoid confusion.

It is rightly said that without basic knowledge, a person will stumble in any endeavor. Therefore, it is better to start investing especially in Bitcoin, by acquiring basic knowledge so that you do not face any dilemma later on. To be successful in investing in Bitcoin, you have to develop an investment mindset based on a long-term basis, otherwise there is a strong possibility of losses instead of benefits from investing in Bitcoin.