Buy Buy Buy or Sell Sell Sell?

[Soldroplet]

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.

Their is no justification in investing in alt coin when their is Bitcoin because even the ethereum you made mentioned is still as shitty as as every other shitty coin out there.
 Ethereum and every other shit coin out there has proven over time that they falls more than they rise, so is that what we should be investing our hard earned money on? No.
So the best thing we can do for ourselves is to accumulate Bitcoin consistently through our discretionary income, so that we wouldn't be left behind in regret when Bitcoin has risen to a million dollars or more in the future.

I agree with your main point, Ethereum can be a strong altcoin, but being a strong altcoin and being reliable enough to hold as a long-term asset like Bitcoin are two completely different things. This is just one area where many new investors make mistakes, and they usually leave the easy and clear path of collecting Bitcoin and stray from the main goal in the hope of quick profits in other coins.

Don't get too excited about altcoins while in Bitcoin, and make an investor's own goal clear. Will he invest in Bitcoin in the long term or do he want to take more risk in the hope of small profits? In the case of Bitcoin, the plan usually depends on patience, regular collection, knowledge, and holding it for a long time. But in the case of most altcoins, people often rely more on publicity, trying to catch up on time, and speculation.The first thing to do when investing in Bitcoin is to collect Bitcoin from the excess money that will be left after calculating your income and expenses and excluding necessary expenses, and that through the DCA method. And you must keep this in mind, along with investing in Bitcoin, you should also create an emergency fund. And here it is not right to blindly pour all your money into investments, nor is it right to pay more attention to altcoins than Bitcoin. In the future, Bitcoin will go far and those who did not collect Bitcoin will also regret it even more, despite the opportunity.

[BluebloodCXVI]

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.

First of all, I think you should be more specific when referring to Bitcoin and desist from throwing vague terms like “crypto” around, the telos of this thread’s discussion is concerning Bitcoin not crypto so you should refer to Bitcoin as simply Bitcoin and not crypto so other people and even yourself don’t get it confused with shitcoins.

Secondly, long term investment is not a business and so it should not be referred to as one because a business involves buying and selling which is not how long term investment works, so calling it a business defeats the whole idea of long term accumulation and wealth preservation. That being said, once a person starts to treat bitcoin like a business, they will definitely become more concerned with constant returns, frequent buying and selling, or even using their holdings aggressively so they can generate income and this will in turn shift their attention away from the original goal of steadily building and preserving wealth over time.
The smart Bitcoin holders see accumulation more like putting money aside for their future in an asset that they believe will become more valuable over time, so their goal is usually to build wealth patiently and hold onto it, that’s how long term bitcoin investment is supposed to be, not to constantly treat it like a business that must produce daily profits or regular income.

This is because a person has very small expenses making it natural for them to accumulate Bitcoin over any period of time. It's clear that someone doesn't have many expenses because they don't have responsibilities so when they have income they have more left over than expenses. If this happens when someone invests it's as if they don't remember the time to invest. This person will have a substantial amount of assets because they always accumulate Bitcoin and every time they receive income they immediately use a portion of their needs to invest in Bitcoin.

And this part of the doubt is not a problem because it does not have responsibility and in contrast to the opposite for people who have responsibility sometimes every time there is income generated of course expenses will be more and this does not mean that someone does not want to accumulate on the grounds that the sufficiency of the income generated is very limited and only enough for the needs spent so that no matter how it is done it will not be possible to accumulate Bitcoin unless one of the ways is to have an alternative job that can produce a source of income that can be invested by accumulating Bitcoin with an amount that will be collected into assets in the future.

I almost had a seizure trying to read through your write up, geez man!.
Anyway, to the best of my ability, I’ve been able to try and understand what you mean to an extent and I agree with some parts. Now it’s true that someone with minimal expenses will naturally have more disposable income, so it will definitely be more easier for them to be able to accumulate more bitcoin consistently over time. In many cases, they can even invest immediately after they get paid because they don’t have as many overwhelming priorities to handle and if they continue to regularly put those excess leftovers into bitcoin, that consistency can significantly increase the amount of their bitcoin assets than usual over time.
Now people with more responsibilities face a completely different reality because most times when they get paid, their income is mostly consumed by rent, feeding, bills, family needs, transportation, or emergencies, so there may be very little left for them to invest but that does not always mean that they lack interest in Bitcoin or long-term planning, it just simply reflects their financial limitations.

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

[VivaMan]

What's your take on this? Given the period we're in is it buy time or sell time?

You buy Bitcoin, sell Bitcoin, not buy time or sell time.

This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year.

Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin.

Don't sell your Bitcoin to Wall Street.

In think Long - term investors gets it big the most sometimes, because they buys coins and keeps for a long period of time and it gradually grows perfectly to a specific time we're they can sell and re buy.

[Merit.s]

In think Long - term investors gets it big the most sometimes, because they buys coins and keeps for a long period of time and it gradually grows perfectly to a specific time we're they can sell and re buy.

Damn it...you just spoiled it all with that phrase sell and re-buy Why will a long-term bitcoin investor that has taken his time and resources to build and grow his bitcoin portfolio for ten years or more maybe, after reaching his bitcoin target decides to sell all his bitcoin and start accumulating all over again, when if he hodli, his bitcoin portfolio will continue generating more profits overtime. At that stage you need to just hodli your bitcoin which is your maintenance stage.

If you have reached the time to sell, you only take a little profits so that, it wouldn't put you out from your over accumulation status and that should be done with using the sustainable withdrawal method which allows you to take little profits by using particular  period of time or using price target.

Bitcoin is an investment that preserves wealth so there is no need to see it as an asset that you sell all and become a no coiner just because you have accumulated enough. What will keeping fiat benefit you overtime when fiat loses its purchasing power overtime and bitcoin is the opposite.

[Creeper0]

I agree with your main point, Ethereum can be a strong altcoin, but being a strong altcoin and being reliable enough to hold as a long-term asset like Bitcoin are two completely different things. This is just one area where many new investors make mistakes, and they usually leave the easy and clear path of collecting Bitcoin and stray from the main goal in the hope of quick profits in other coins.

The main purpose of investing in Bitcoin is to make a profit. Although there is uncertainty about making a profit in Bitcoin in the short term, the possibility of making a profit in Bitcoin in the long term is high. But has Ethereum been able to gain that trust yet? When did we last see an ATH in Ethereum? That is still unknown. So I think it is still wrong to associate the name of Ethereum with Bitcoin. However, you can fill a small part of your stash with Ethereum to diversify your investment.

It is better to keep our full attention on Bitcoin in the beginning. You should not focus on diversification or altcoins in the beginning. To better understand the positive aspects of Bitcoin, you can have knowledge about Shitcoins. This knowledge will help you to be more confident in Bitcoin.

[Sticky Bomb]

What's your take on this? Given the period we're in is it buy time or sell time?

You buy Bitcoin, sell Bitcoin, not buy time or sell time.

This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year.

Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin.

Don't sell your Bitcoin to Wall Street.

In think Long - term investors gets it big the most sometimes, because they buys coins and keeps for a long period of time and it gradually grows perfectly to a specific time we're they can sell and re buy.

Selling and rebuying is not a good way to treat your portfolio after a long-term in bitcoin, it is better you withdraw sustainably from it. Why are you even selling in the first place when you plan to rebuy? It surely sounds like a very dumb thing to do, and you may not be very lucky to buy back cheaper which would see you turn a low coiner or worse a no coiner after spending a long time holding bitcoin, it's making a mess of your holding which you built with a lot of effort.
On the long run, after your holding period terminates, you can take profits and begin withdrawing from your bitcoin portfolio in a sustainable manner, but attempting to sell and buy back cheaper is trading and it is a very stupid thing to do.

[Zackz5000]

What's your take on this? Given the period we're in is it buy time or sell time?

You buy Bitcoin, sell Bitcoin, not buy time or sell time.

This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year.

Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin.

Don't sell your Bitcoin to Wall Street.

In think Long - term investors gets it big the most sometimes, because they buys coins and keeps for a long period of time and it gradually grows perfectly to a specific time we're they can sell and re buy.

Which of the coin do you mean you can't just say coin because there are many coin in the market well if it's Bitcoin you don't have to sell when you are still accumulating Bitcoin and selling when you have gotten to your over accumulation doesn't mean you should sell all, you can sell some and still be holding and can either decide to add more Bitcoin again probably when there is dip in the market.

[Patiencecrypto]

What's your take on this? Given the period we're in is it buy time or sell time?

You buy Bitcoin, sell Bitcoin, not buy time or sell time.

This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year.

Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin.

Don't sell your Bitcoin to Wall Street.

In think Long - term investors gets it big the most sometimes, because they buys coins and keeps for a long period of time and it gradually grows perfectly to a specific time we're they can sell and re buy.

Selling and rebuying is not a good way to treat your portfolio after a long-term in bitcoin, it is better you withdraw sustainably from it. Why are you even selling in the first place when you plan to rebuy? It surely sounds like a very dumb thing to do, and you may not be very lucky to buy back cheaper which would see you turn a low coiner or worse a no coiner after spending a long time holding bitcoin, it's making a mess of your holding which you built with a lot of effort.
On the long run, after your holding period terminates, you can take profits and begin withdrawing from your bitcoin portfolio in a sustainable manner, but attempting to sell and buy back cheaper is trading and it is a very stupid thing to do.

I agree with you, why should you sell your bitcoin when you have the intention of accumulating again, while not buy with your discretionary income and hold and keep accumulating,  if you really want to invest in bitcoin for long term why should you be selling and buying in a short period, that attitude is for traders and not for long term investors.
A good investor is not suppose to sell within a short period of time.

[Obulis]

Trading is not money management at all..  trading that exposes your money to a lot of risk..

Money management is supposed to be protecting your money, not exposing it to risk.. and trading is like you’re putting it in a more risky place.. And anything that is too focused on quick returns is not always sustainable in the long run..
That is why those fast profit people do enter debt a lot of time, or take crazy losses..

Trading is one of the hardest things to do, even those of you who have been studying for a long time and have in depth knowledge of how to trade will likely still struggle to make consistent profits. This is especially true for those who decide to trade with the primary goal of making a large profit in a short time, as we know, such an approach often doesn’t end well. I believe that if you want to create opportunities for long-term profit, it’s better to focus on investing. Don’t trade just for the sake of experimenting, because besides losing money, you’ll also waste a lot of time.   

Just imagine studying trading for a long time but can't hodl Bitcoin for long term? For me I can't think of that. I guess the trigger for quick gains is what makes traders forget that they're spending the number of years they can hodl Bitcoin studying trading that might never favor them. By implications, this number years that can spent hodling Bitcoin they are also losing their money. Honestly the longtime spent trying to master trading is patience enough to be used to hodling Bitcoin.

[Hardyrobust]

I agree with your main point, Ethereum can be a strong altcoin, but being a strong altcoin and being reliable enough to hold as a long-term asset like Bitcoin are two completely different things. This is just one area where many new investors make mistakes, and they usually leave the easy and clear path of collecting Bitcoin and stray from the main goal in the hope of quick profits in other coins.

The main purpose of investing in Bitcoin is to make a profit. Although there is uncertainty about making a profit in Bitcoin in the short term, the possibility of making a profit in Bitcoin in the long term is high. But has Ethereum been able to gain that trust yet? When did we last see an ATH in Ethereum? That is still unknown. So I think it is still wrong to associate the name of Ethereum with Bitcoin. However, you can fill a small part of your stash with Ethereum to diversify your investment.

It is better to keep our full attention on Bitcoin in the beginning. You should not focus on diversification or altcoins in the beginning. To better understand the positive aspects of Bitcoin, you can have knowledge about Shitcoins. This knowledge will help you to be more confident in Bitcoin.

Profit is not the only reason why people invest in bitcoin. There are investors that are into bitcoin investment because they want to retain wealth and bitcoin has proven over the years to be a good store of value. Also bitcoin is decentralised in nature such that it doesn't need third party interference unlike fiat thereby given its holders a great freedom. So profit alone isn't the reason why people are investing in bitcoin.

[whiteblue]

Profit is not the only reason why people invest in bitcoin. There are investors that are into bitcoin investment because they want to retain wealth and bitcoin has proven over the years to be a good store of value. Also bitcoin is decentralised in nature such that it doesn't need third party interference unlike fiat thereby given its holders a great freedom. So profit alone isn't the reason why people are investing in bitcoin.

If we look at bitcoin Performance over the past 10 years, It's clear that Bitcoin has delivered higher returns than other assets. Bitcoin can change our destiny if we invest in It over the past 10 years, Numerous Profit, including a Significant increase to an ATH of $126,000.

Conclusion, bitcoin is undoubtedly the best store of value for the long term. We shouldn't focus on short term cycles, instead, We should consider the Long term, Bitcoin is undoubtedly superior to other assets.

Therefore, Investing in Bitcoin requires time and Patience. If we lack patience, our goal may not be investment, But trading, Which carries the risk of significant losses.

[alankasman]

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

It's true as you said that it's impossible for someone to accumulate Bitcoin without another source of income. This is because their primary income can sometimes only cover essential expenses especially since the primary income is very limited and can be considered insufficient when calculated against their existing income. Having an income source from another job is certainly part of someone's desire to accumulate Bitcoin which they use as an asset for the future. Sometimes even if it's a small amount, someone uses the results of an alternative income source as savings for the future owning assets derived from their work through the income generated from the alternative job.

What we need to know is that even with a small amount if someone has good consistency of course over time the amount will become large without them realizing it for example, someone earns $20,000 in an alternative job below their main income and they are fully consistent with their beliefs in doing it for a duration of 5-10 years imagine how much the amount has become their asset for that person's future, of course it is more than they think therefore in investing by accumulating Bitcoin someone must have another source of income besides the main one this is to avoid the accumulation carried out by that person so that their main income is not disturbed and likewise the results of alternative work as the main task to continue investing by accumulating consistently every time someone receives the results whether weekly or monthly it is clear that someone continues to invest Bitcoin from their alternative work and does not disturb the results of their main income.

[Crytohillss]

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

[Kelward]

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

What some people don't understand about Bitcoin investment is that no investors should be in competition with others, we should all be accumulating according to our capabilities because our incomes and responsibilities are not the same. Somebody who earns a lot of money might not afford to use substantial amounts for their DCA accumulation because they have a lot of basic needs which will affect their discretionary funds. On the other hand somebody could be earning lesser and is using more funds to accumulate Bitcoin because they have fewer basic expenses therefore has more discretionary funds and can afford to accumulate more Bitcoin.

Be flexible with your Bitcoin accumulation there is no need to be rigid about it, you can change your accumulation amount as it suits you meaning that if there is need to increase or decrease it from your discretionary funds you should do so. If you cannot afford a discretionary fund to accumulate Bitcoin you should stop take a break until you can afford to conveniently buy Bitcoin.

[cyberninja2]

...

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

This is true because having a side job with the goal of remaining consistent doesn't interfere with their primary income. As we all know sometimes the primary income is used for living expenses while the proceeds from the side job are used for investments. Accumulating each time the income generated through the side job is realized having a side job can sometimes lighten the burden or financial burden. Another reason is that it provides the space to pursue anything that benefits the individual for the future even if the results are minimal.

[Solokan]

Their is no justification in investing in alt coin when their is Bitcoin because even the ethereum you made mentioned is still as shitty as as every other shitty coin out there.
 Ethereum and every other shit coin out there has proven over time that they falls more than they rise, so is that what we should be investing our hard earned money on? No.
So the best thing we can do for ourselves is to accumulate Bitcoin consistently through our discretionary income, so that we wouldn't be left behind in regret when Bitcoin has risen to a million dollars or more in the future.

Yes, why invest in altcoins when there's Bitcoin? No matter how good an altcoin is, it won't outperform Bitcoin. In my opinion, altcoins are just a short-term game, but BTC is certainly a valuable asset with significant potential for significant growth in the future. So, if you intend to invest, BTC is the right choice, and it's certainly using discretionary income.

But I think over time, people will realize that investing in BTC will be prioritized. The proof is that BTC's price consistently rises, inevitably setting new highs. Because many people lose money investing in altcoins, they will eventually switch to BTC.

I agree with you. You are totally right. And I don't think that at this time, after learning about Bitcoin, anyone will invest in another altcoin instead of Bitcoin. There is no need to doing such foolishness. Where investing in Bitcoin for a long term is very likely to make a profit. But even then, people still decide to invest in such altcoins just for  making a profit in a short time. ETH came almost about 6 years after Bitcoin was created. Whereas Bitcoin is around $80k today after about 16+ years. But ETH has not shown much growth compared to Bitcoin even after 10+ years. Bitcoin rose to ATH $126K, compared to that ETH is nothing. Therefore, altcoins should never be compared to Bitcoin in any way. And if someone has the ability to invest, they should invest in Bitcoin.

Yes, ETH can be said to be the best altcoin currently, but it certainly can't beat BTC because ETH's movement is highly dependent on BTC. So if BTC rises, ETH will also rise, but ETH still can't match BTC because the difference is so significant. So, if we seriously accumulate and invest in BTC, as long as we hold BTC for the long term, we will certainly have great potential and will not be disappointed.

I can't wait to see BTC reach a new ATH again in the upcoming bull market. Coincidentally, BTC is currently down, so I think those who are currently trading are certainly getting a discount. Keep up the good work, everyone.  

[Grace333]

...

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

This is true because having a side job with the goal of remaining consistent doesn't interfere with their primary income. As we all know sometimes the primary income is used for living expenses while the proceeds from the side job are used for investments. Accumulating each time the income generated through the side job is realized having a side job can sometimes lighten the burden or financial burden. Another reason is that it provides the space to pursue anything that benefits the individual for the future even if the results are minimal.

This is also a nice idea to have a side job for bitcoin investment but this can only be possible the side job is a discretionary income because  unlike some people it possible to have side job without a discretionary income, so it first begins with being comfortable with your needs from your major income before another a side job can act as a discretionary income for investment and building of emergency fund and probably discretionary spending.
But above all the most important word is HOLD even if folks don't get to have that luxury of have 2 source of income or enough discretionary to keep on buying, with the little they've been able to acquire they shouldn't let go so easily when it's not yet their preplanned investment timeline

[junder]

Yes, why invest in altcoins when there's Bitcoin? No matter how good an altcoin is, it won't outperform Bitcoin. In my opinion, altcoins are just a short-term game, but BTC is certainly a valuable asset with significant potential for significant growth in the future. So, if you intend to invest, BTC is the right choice, and it's certainly using discretionary income.

But I think over time, people will realize that investing in BTC will be prioritized. The proof is that BTC's price consistently rises, inevitably setting new highs. Because many people lose money investing in altcoins, they will eventually switch to BTC.

It's true what you said, if we intend to invest then btc is the most appropriate choice because it does have the potential for growth over time even though it could be the other way around too but this is a better choice than others. Apart from discretionary income, we must also have a strategy in running it and must be done consistently. Like by using the DCA strategy one of them, we can do this with discretionary income.

[Y3shot]

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

[Solodoski]

Where I disagree with you is your idea that accumulation will become almost impossible unless someone gets another source of income for themselves. Yes increasing income can definitely help, but you need to understand that accumulation can still happen on a small scale through discipline and consistency, even if the amounts are tiny. The pace will obviously be slower compared to someone with fewer expenses, but gradual accumulation is still accumulation, slow motion is better than no motion.

So many individuals focus only on how much they get but consistency bis what really changes things over the period. Having an extra source of income and using part of it for long term Bitcoin accumulation without touching one main income can reduce pressure financially and help build a solid assets gradually, little steps repeated for years can produce results most individuals never want.

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

A good income is compulsory, not necessarily for the purpose of buying Bitcoin for the first time, but for consistency, accumulation, and discipline. Anyone can buy Bitcoin for the first time, but when we talk about consistency, only someone with a good income stream can be consistent. A good income stream means a source of income that is steady to cover basic expenses and provide discretionary income altogether. Unsteady one, today there is discretionary income, and tomorrow there is no discretionary income. That is not a steady income, which is very important for an investor to have a good income before thinking of long-term investment, except that they want to be a trader, which is frowned upon in this discussion.