Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

Surely, long term investment in Bitcoin tends to place folks in better positions, but even with that, Bitcoin doesn't guarantee profits, even when the investment in done the right way with the right funds(discretionary income).. The market is extremely volatile and and such very unpredictable, that why folks have to avoid approaching Bitcoin with that mindset of certainty or entitlement to profits.. Folks should just set aside those money that one can comfortably afford to lose and then invest using it..

Bitcoin isn’t just for profits, it’s a store of value and a hedge against inflation. While no investment is guaranteed, Bitcoin has proven historically to reward those who held for a long term. There’s volatility in bitcoin yes but this can’t affect your investment negatively if you’re in it for the long term.(Though sometimes you might buy on a high and experience a huge significant drop) You just have to be patient and prepared to hold during the downward trend and keep stacking.

Bitcoin has reached a stage where we can say it’s highly unlikely to disappear or become irrelevant. The supply is limited, the increased institutional interest and there’s massive adoption everywhere everyday, a potential to grow far beyond what it is now.

Some people talk about profits like it's the most important thing about investing in Bitcoin forgetting that people invest in Bitcoin for different reasons which you stated, most investors haven't held longer enough yet their statements concerning long-term holding mostly revolves around profits, making it seem like they're trading or so.

 Profits is not guaranteed cause the future of Bitcoin is unknown so the major focus should be accumulating more based on the believe that it has potential to do better and not being confident that there would definitely be profits when they don't know what Bitcoin's future would be like.

[ultrloa]

Besides preservation of value and profits, there is also financial sovereignty and having options and fixing the monetary system that all come from supporting bitcoin and bitcoin ideas.

This is the part that most people miss out. Many people only know about bitcoin going up and down, not knowing it's more than that.

Preservation of value and profits is the first thing that everyone see. But financial sovereignty is the real big thing here. You don't need permission, your transaction can not censored. Opting for BTC is not just about profit, it's about building a life that doesn't rely on already failing government system.

Bitcoin price is just small perks to see, but the deeper value what people could benefit on Bitcoin is the total direct control with  their own money. There's no holidays which is usually happening on banks. They provably won't experience frozen accounts, especially if you are using non-custodial wallet, there's no middle man which handle up their transaction that's why Bitcoin is good overall asset.

With those benefits we can somehow say that Bitcoin is not really a tool to gain quick profit. But an asset which is give us independence on a system which sometimes fail their people if we talk about financial freedom matters.

[Qhunman]

I agree with you that risk will always be there in Bitcoin investment, and their is nothing you can do about it, but I believe that the only way the risk can easily be mitigated is when it's being held for a very long time, and you as an investor invest only what you can afford to lose, because it has been proven overtime that those investors in the past that invested and held on to their investment for a very long period of time are the ones that were successful, and the risk factor are reduced to the bearest minimum, since it's being held for a very long time.

There is no investments that is risk free,the only difference is that some are riskier than others.so It now depends on which ones you can afford to risk investing in. Yes bitcoin investment isn't risk free but we can mitigate the risk by investing our discretionary income  which is the money we can afford to lose. However using our discretionary income to invest in bitcoin isn't a guarantee that we would be successfully  because they is no guarantee in bitcoin and anything could happen. We shouldn't invest in bitcoin with the mindset that success is guarantee if hold for the long-term because there is no guarantee in bitcoin investment.

[Soldroplet]

There is no investments that is risk free,the only difference is that some are riskier than others.so It now depends on which ones you can afford to risk investing in. Yes bitcoin investment isn't risk free but we can mitigate the risk by investing our discretionary income  which is the money we can afford to lose. However using our discretionary income to invest in bitcoin isn't a guarantee that we would be successfully  because they is no guarantee in bitcoin and anything could happen. We shouldn't invest in bitcoin with the mindset that success is guarantee if hold for the long-term because there is no guarantee in bitcoin investment.

I agree with you that no investment is completely risk-free. But I think you have misrepresented the concept of discretionary income.
Discretionary income is not money that we are always prepared to lose, but rather it is basically the money that remains after meeting necessary expenses, urgent bills and financial obligations and which we can use for investment savings and any other purpose. In my opinion, if everything is judged by "anything can happen", then it will not be possible to continue with any investment. There is no guarantee of long-term success in Bitcoin, but due to its limited supply, increasing acceptance and network effect, many people consider long-term accumulation strategy to be logical.
Therefore, in my opinion, investing in Bitcoin should not be done only in the hope of guarantees and profits, but rather by understanding the balance of risks and possibilities and understanding your own financial situation and continuing for long-term investment.

[Showlove01]

Besides preservation of value and profits, there is also financial sovereignty and having options and fixing the monetary system that all come from supporting bitcoin and bitcoin ideas.

This is the part that most people miss out. Many people only know about bitcoin going up and down, not knowing it's more than that.

Preservation of value and profits is the first thing that everyone see. But financial sovereignty is the real big thing here. You don't need permission, your transaction can not censored. Opting for BTC is not just about profit, it's about building a life that doesn't rely on already failing government system.

I totally understood your point but Bitcoin is not guarantee and you saying building a life that doesn't rely on already failing Government system makes it look as if Bitcoin investment is sure or guarantee which is not and that is why we are using discretionary income to accumulate it and anyone who is investing in Bitcoin I won't advise the person to solely rely on Bitcoin as nothing is guarantee though we believe and we hope for the best of it but we should not put all hope on it.

[Finebone]

I won't advise the person to solely rely on Bitcoin as nothing is guarantee though we believe and we hope for the best of it but we should not put all hope on it.

I agree with you that it's wrong to have too much expectations on Bitcoin, because that too much might hurt you so much if your investment didn't go as planned.

I think the primary purpose we invest with our discretionary income is because it is a fund we can afford to lose, but if you put too much expectations on your Bitcoin investment, you may temper with your investment too early or you can be easily heart broken if Bitcoin doesn't live up to your own expectations in the future, so investing with less expectations and with your discretionary income is the best way forward, since you will be less emotional towards your bitcoin investment.

[Morayoam91]

No investment is guaranteed a 100% profit return, and every investment carries its own risks. I don't think that Bitcoin investment involves the high level of risk that you are describing. Volatility is what makes many people say that Bitcoin is highly risky compared to some physical investments.However, believe me, if someone follows the right steps and does not make wrong decisions, they will find that Bitcoin investment does not carry as much risk as some people claim. Wrong decision making is what causes people to lose their Bitcoin investments easily. Even in physical investments, if someone makes wrong decisions and does not follow the proper investment steps, they can also lose their investment easily.Let remember that Bitcoin came into existence only a few years ago, and the mistakes made by some early investors are what caused many people to see Bitcoin as a high-risk investment. But many corrections have been made since then. For example, through discussions like this thread, many people are learning and gaining proper knowledge about Bitcoin investing.That is how it will continue: as more people understand Bitcoin investment and consistently take the proper steps, they will no longer see Bitcoin as an investment with high risk Again.

Yes, there is risk in Bitcoin, but it is in short-term investment or trading. I will not say that long-term risk is free, but the risk is relatively low, which is also present in other investments. By risk, we mean losing money in an accident and facing losses due to price decline. By being long-term, an investor can easily reduce the risk of loss due to price decline, because Bitcoin is upward in the long term.

The biggest risk and challenge in this long-term investment is to maintain the funds, be it due to accidents or due to mismanagement. In long-term investment, the person who succeeds in maintaining the funds will have the highest chance of success in investment. But there are various obstacles in this long-term journey that can make the investment journey risky. However, the simple solution to this is to increase your skills in risk management, financial management and investment management through gaining knowledge. These skills help reduce investment risk, enabling you to take the right steps at the right time. There is no major risk in investing.

There is risk in investing in bitcoin due to its volatile nature . So investing in bitcoin for a long term doesn't makes bitcoin investment to be risk free. Anyone that thinks that long term investment means that bitcoin is risk free is definitely wrong. However, they can say that investing in bitcoin for a long term is less risky when compared to short term investment which same as trading bitcoin. Long term investment when compared to short term investment is more rewarding than short term.

The risk in trading bitcoin cannot be compared to investing in bitcoin, trading risk is much more higher be it long-term or short term, if you are not an expert in Bitcoin avoid trading and focus on bitcoin investment that will be beneficial to you at the long run.

Having a strong source of income is essential to sustain your holdings in the long run. The step of creating an emergency fund for your tough times is effective for your investments, because during tough times you will face emergencies that require your money to meet your needs. At that time, you can meet your needs from your emergency fund and keep your investments safe. It also helps to maintain consistency in your investments. You can use the DCA strategy by setting aside some money for emergency savings after meeting the basic needs of the family, and investing the rest. Investing gradually will be very effective in the long run. Regular investment will help reduce the impact of market volatility on you to some extent. No one can say for sure what the price of Bitcoin will be in the future, so we cannot assume that its price will only decrease. We can also look at history. Prices that seemed very high in the past are cheap compared to the present. The current price may seem cheap compared to the future, but it is important to move slowly in the long run, where the price of Bitcoin may increase more than we fear.

[Loyang]

Having a strong source of income is essential to sustain your holdings in the long run. The step of creating an emergency fund for your tough times is effective for your investments, because during tough times you will face emergencies that require your money to meet your needs. At that time, you can meet your needs from your emergency fund and keep your investments safe. It also helps to maintain consistency in your investments. You can use the DCA strategy by setting aside some money for emergency savings after meeting the basic needs of the family, and investing the rest. Investing gradually will be very effective in the long run. Regular investment will help reduce the impact of market volatility on you to some extent. No one can say for sure what the price of Bitcoin will be in the future, so we cannot assume that its price will only decrease. We can also look at history. Prices that seemed very high in the past are cheap compared to the present. The current price may seem cheap compared to the future, but it is important to move slowly in the long run, where the price of Bitcoin may increase more than we fear.

Yes, it is true that a stable source of income plays a big role in maintaining long-term investments or continuing to invest or making our financial situation easier overall and this is very good. But it is wrong to say that we need a stable source of income to invest. If a person with a unstable source of income is able to find a source of discretionary income through proper financial management, then he can definitely continue investing.

There are also many people whose income is low and through proper financial management and reducing expenses, they have been able to find a source of discretionary income and continue investing continuously. On the other hand, there are many people whose source of income is stable and earns a lot, but they cannot control their expenses and cannot manage their finances properly. It is not mandatory to have a stable source of income to invest, rather we need a source of discretionary income.

[Crytohillss]

I agree with you that risk will always be there in Bitcoin investment, and their is nothing you can do about it, but I believe that the only way the risk can easily be mitigated is when it's being held for a very long time, and you as an investor invest only what you can afford to lose, because it has been proven overtime that those investors in the past that invested and held on to their investment for a very long period of time are the ones that were successful, and the risk factor are reduced to the bearest minimum, since it's being held for a very long time.

Every investment carries some level of risk and Bitcoin is no exception using cash one can afford to lose is a sensible method but it's equally important to understand that even Long term holding doesn't guarantee success. Managing expectations and investing responsible are just as important as choosing the investment it self.

[Cgrexp]

I agree with you that risk will always be there in Bitcoin investment, and their is nothing you can do about it, but I believe that the only way the risk can easily be mitigated is when it's being held for a very long time, and you as an investor invest only what you can afford to lose, because it has been proven overtime that those investors in the past that invested and held on to their investment for a very long period of time are the ones that were successful, and the risk factor are reduced to the bearest minimum, since it's being held for a very long time.

There is no investments that is risk free,the only difference is that some are riskier than others.so It now depends on which ones you can afford to risk investing in. Yes bitcoin investment isn't risk free but we can mitigate the risk by investing our discretionary income  which is the money we can afford to lose. However using our discretionary income to invest in bitcoin isn't a guarantee that we would be successfully  because they is no guarantee in bitcoin and anything could happen. We shouldn't invest in bitcoin with the mindset that success is guarantee if hold for the long-term because there is no guarantee in bitcoin investment.

You are right that no investment is completely risk-free. Even cash loses purchasing power due to inflation. Therefore, investment decisions should be made according to one's capabilities. And we should consider how much risk we can tolerate. Therefore, discretionary income should be used in investments so that there is no direct impact on responsibilities and daily life. The additional stress of market fluctuations also reduces and it is relatively easier to follow long-term goals. Bitcoin investment has both high return opportunities and risks, so realistic expectations and perspectives prevent an investor from making irrational decisions.

[Proty]

Besides preservation of value and profits, there is also financial sovereignty and having options and fixing the monetary system that all come from supporting bitcoin and bitcoin ideas.

This is the part that most people miss out. Many people only know about bitcoin going up and down, not knowing it's more than that.

Preservation of value and profits is the first thing that everyone see. But financial sovereignty is the real big thing here. You don't need permission, your transaction can not censored. Opting for BTC is not just about profit, it's about building a life that doesn't rely on already failing government system.

I totally understood your point but Bitcoin is not guarantee and you saying building a life that doesn't rely on already failing Government system makes it look as if Bitcoin investment is sure or guarantee which is not and that is why we are using discretionary income to accumulate it and anyone who is investing in Bitcoin I won't advise the person to solely rely on Bitcoin as nothing is guarantee though we believe and we hope for the best of it but we should not put all hope on it.

There is risk in investing in bitcoin because of the volatile nature of bitcoin. This risk cannot be overlooked or it can't be eliminated by holding bitcoin for a long term. Holding bitcoin for a long term doesn't guarantee successful returns at the end of the investment timeline.
Accumulating bitcoin using discretionary income is not only because it doesn't guarantee successful returns at the end, the reason for using discretionary income is because this money will be locked up for years. Therefore, it will be a bad idea to used money that is meant for our upkeep for investing in bitcoin.

[ejikeme24]

Every investment carries some level of risk and Bitcoin is no exception using cash one can afford to lose  is a sensible method but it's equally important to understand that even Long term holding doesn't guarantee success. Managing expectations and investing responsible are just as important as choosing the investment it self.

This advice is not valid in bitcoin investment, instead of using the term "invest with what you can afford to Loss" you rather say that " we shouldn't forget to invest from our discretionary funds. As Long as the money is coming from our discretionary funds of course it's allowed to spend it in our investment however we like , that advice is mostly used in terms of gambling since guys don't make budget for their gambling, but in bitcoin investment you have to make a separate budget for it, that is why we are allowed to invest it however we like even if it requires going all-in. the most important thing is, it is serving its purpose.

[adultcrypto]

This is the part that most people miss out. Many people only know about bitcoin going up and down, not knowing it's more than that.

Preservation of value and profits is the first thing that everyone see. But financial sovereignty is the real big thing here. You don't need permission, your transaction can not censored. Opting for BTC is not just about profit, it's about building a life that doesn't rely on already failing government system.

I totally understood your point but Bitcoin is not guarantee and you saying building a life that doesn't rely on already failing Government system makes it look as if Bitcoin investment is sure or guarantee which is not and that is why we are using discretionary income to accumulate it and anyone who is investing in Bitcoin I won't advise the person to solely rely on Bitcoin as nothing is guarantee though we believe and we hope for the best of it but we should not put all hope on it.

Bitcoin investment is not guaranteed in a way but your tone makes it sound as if someone cannot rely on bitcoin as a major investment option. People invest all their discretionary income in startups, stocks, real estate and other ventures but you will never use this tone for such people because you trust those options. But when it involves bitcoin, a lot of you stress the risk so much, forgetting that bitcoin have never failed anyone who invested and held for at least 5 years, which is the minimum years people expect profits in most businesses.

Bitcoin is still one of the best ways of saving money to the future, the liquidity is huge and you are completely in control of your money. You cannot lose money in bitcoin unless you sell because 1 BTC in your wallet remains 1 BTC, no inflation or and no charges by the wallet provided for keeping your money there. The advantages are just too numerous and far outweigh any risk you might attribute to bitcoin because no investment is without risk.