Buy Buy Buy or Sell Sell Sell?

[POPOLUV]

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.

If any investors emphasize more in profits making and at the same time making profits in Bitcoin look as if, it is most important thing  investors will put in place before investing, it is normal for an investors to have it in mind that profits making is not guaranteed in Bitcoin investments, so instead of discussing more in profits making, will should discuss more on discretionary income which permits every investors to buy and accumulate Bitcoin aggressively and at the same time making sure that we create out reserve funds incase of any emergency that might come.

[Sulegzy39]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

[Princess Leah]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

I'll agree that it doesn't guarantee successful returns but do not fail to mention that it gives hope to people who holds it longer and the history is a prove. When advising people against a guaranteed reward in Bitcoin also let them know that there's hope if they hold longer so they won't stop believing in it and think it's a waste of time since success isn't guaranteed.

 Indeed it's a horrible idea to not use the discretionary funds for investment, we all have our basic needs and emergency situations to tackle when it occurs so if we use funds meant for those for a long-term investment it means we have no plans of holding longer since we'll be forced to take profits early and settle our basic needs and emergency that can happen anytime.

[hyudien]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

I'll agree that it doesn't guarantee successful returns but do not fail to mention that it gives hope to people who holds it longer and the history is a prove. When advising people against a guaranteed reward in Bitcoin also let them know that there's hope if they hold longer so they won't stop believing in it and think it's a waste of time since success isn't guaranteed.

 Indeed it's a horrible idea to not use the discretionary funds for investment, we all have our basic needs and emergency situations to tackle when it occurs so if we use funds meant for those for a long-term investment it means we have no plans of holding longer since we'll be forced to take profits early and settle our basic needs and emergency that can happen anytime.

Every investment has its own risks and bitcoin is no exception, even if you invest in gold which is considered lower risk, it doesn't mean you will still succeed. For every success there is always something at stake.
I always simplify when talking about investing in bitcoin, let's say we are saving for old age or retirement, as old age savings that are invested should be leftover money, money that is really leftover money after all mandatory needs are met, by only investing money that you can comfortably set aside, your daily life is not affected because the investment is not money that you rely on for living expenses.

[Promocodeudo]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

I ask is volatility actually a risk? I agree that there's no investment without an atom of risk attached but can we actually conclude that Volatility is all about risk because I don't agree to that and I have my reasons to back my claim up, let's not forget that Volatility works in two ways, it does not only goes the dip way and works vice versa so if volatility can trigger the upsurge of Bitcoin and still work as a factor tahg dips the price of Bitcoin, why do we now think that what we always talks about volatility is actually true, to me, Satoshi is a very wise man, he understands that creating Bitcoin to be stable would've been the end of the innovation called Bitcoin, the reason Bitcoin is still in existence today is because of Volatility and I think thats where Satoshi Nakamoto got it all right.

[Humblevirus]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

Nobody is going against the point that Bitcoin carries its own risks, just like other investments, and no one is advising anyone to overlook the risks involved in Bitcoin. That is why we are advised, both here and in other Bitcoin forums, that an experienced investor should not invest carelessly but should invest by following good strategies so that the risks in Bitcoin can be overcome with better returns.One way to overcome the risks associated with Bitcoin is through long-term holding. Without the idea of holding for a long time, it is possible that someone's Bitcoin investment may not perform as expected. Based on what Bitcoin has proven over the years, it has generally been a long-term investment.I know that Bitcoin does not guarantee profits, and it should be noted that no investment guarantees profits. Investors simply believe they are likely to make profits based on the past history and performance of an investment. Even investments that people consider less risky can sometimes fail

[Sonia_123]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

From history it indicated that investors that that invested and hold it for a long-term were profitable even when all hopes were lost that bitcoin could not survive, so why having such impression to discourage yourself from investing, all you have to figure out is your discretionary income and use it for investing in bitcoin even if risky.

You don't use money for your survival to invest in bitcoin but your left over that you see as savings not useful to you anytime and if not available stay away from investing into bitcoin to avoid more losses of your funds since it is more profitable for a long-term, so that you will not be force to sell your investment at a lower price and become a no coiner.

[Showlove01]

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.

If any investors emphasize more in profits making and at the same time making profits in Bitcoin look as if, it is most important thing  investors will put in place before investing, it is normal for an investors to have it in mind that profits making is not guaranteed in Bitcoin investments, so instead of discussing more in profits making, will should discuss more on discretionary income which permits every investors to buy and accumulate Bitcoin aggressively and at the same time making sure that we create out reserve funds incase of any emergency that might come.

It is almost impossible for an investor to remove or neglect about making profit in Bitcoin in the long run because if not for the fact that there will be profit if Bitcoin is been hold for long term, I'm sure plenty or everyone that is accumulating Bitcoin now with seriousness would not have been doing that though the return is not sure but every investor has hope in Bitcoin and if nothing goes bad in Bitcoin then they will be profitable in Bitcoin in the future but one thing is that even though they are accumulating for profit they didn't carry it on their head like traders.

[Creeper0]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.

Bitcoin's volatility is risky for short-term investors or traders, but for long-term investors, this risk is very low. It is not possible to say that Bitcoin investment is risk-free in any way, but we can reduce the risk or control the risk through various steps.

If you talk about Bitcoin's volatility, then you should know that Bitcoin is not very volatile in the long run and this volatility cannot lead you to losses. You look at the price 10 years ago and look at the price today. You are a profitable investor even when the market is currently in a dip. So what risk are you talking about due to volatility? We do not know about the future, but the risk level in long-term investments is very low unless you lose funds due to some mistake.

Whether you will get a successful return or a failed return after the end of the long-term investment period depends on your expectations. If you expect more than normal from Bitcoin, Bitcoin will never be able to give you a successful return. If you expect a realistic return, you may get a successful return.

[Bigjoe33]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

We know there is no assurance of making profit at anytime from Bitcoin investment due to its volatility, but according to history, Bitcoin's ability to reward it's patient HODLers over the years has proven a record track and a long lasting legacy of it's appreciating value. So, while we keep accumulating and stacking, it is by hope that, if history repeats itself, as it has always done, then HODLing Bitcoin for a long time frame will be beneficial and give you gains. Of course, it is called Bitcoin investment, that is to buy and HODL for long term.

According to you in your last line, of course, Bitcoin investment is best done with investing from your Discretionary income, and not money meant for settling basic needs and life issues. That's why you first settle your basic necessities and then, the money left can be used for the investment

[Proty]

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.

If any investors emphasize more in profits making and at the same time making profits in Bitcoin look as if, it is most important thing  investors will put in place before investing, it is normal for an investors to have it in mind that profits making is not guaranteed in Bitcoin investments, so instead of discussing more in profits making, will should discuss more on discretionary income which permits every investors to buy and accumulate Bitcoin aggressively and at the same time making sure that we create out reserve funds incase of any emergency that might come.

It is almost impossible for an investor to remove or neglect about making profit in Bitcoin in the long run because if not for the fact that there will be profit if Bitcoin is been hold for long term, I'm sure plenty or everyone that is accumulating Bitcoin now with seriousness would not have been doing that though the return is not sure but every investor has hope in Bitcoin and if nothing goes bad in Bitcoin then they will be profitable in Bitcoin in the future but one thing is that even though they are accumulating for profit they didn't carry it on their head like traders.

There are many reasons aside making of profits why people invest in bitcoin. Bitcoin investment is far more than just making profit. Bitcoin has proven to be a good store of value and there are people that are looking for were they can store or an asset that can retain there wealth such that it can't be affected by inflation. Also bitcoin is decentralised in nature and what this means is that there is no third party interference. Thereby bitcoin offer total freedom and we have total control of our assets.

[Queen uloma]

Investing in bitcoin carries risk due to its volatility. This danger cannot be overlooked or minimised by holding bitcoin for an extended period of time. Holding bitcoin for a long time does not ensure successful returns at the end of the investment period.
Accumulating bitcoin with discretionary income is not only because it does not guarantee profitable returns in the long run; it is also because this money will be locked up for years. As a result, using money intended for our survival to invest in bitcoin is a horrible idea.

From history it indicated that investors that that invested and hold it for a long-term were profitable even when all hopes were lost that bitcoin could not survive, so why having such impression to discourage yourself from investing, all you have to figure out is your discretionary income and use it for investing in bitcoin even if risky.

You don't use money for your survival to invest in bitcoin but your left over that you see as savings not useful to you anytime and if not available stay away from investing into bitcoin to avoid more losses of your funds since it is more profitable for a long-term, so that you will not be force to sell your investment at a lower price and become a no coiner.

I agree with you one mistake most investor make is to invest with money that they may be in need of tomorrow. It’s true that bitcoin gives good return for long term investment based on history but bitcoin still remain a volatile asset that can drop at any  time. When you decide to use money meant for rent, school fees, food, for emergency expenses to buy bitcoin. It will really affect the person, and  whenever they have financial challenges they may decide to sell at a loss because they lack to plan before investing. So the best thing is to settle all your needs, save for your emergency funds and use only your discretionary income or money you can  be able to leave for some years without touching it. In that way, market fluctuations  will not pressure you to panic and sell. Bitcoin has rewarded longtime investors before, but still investors  needs to understand the risks in bitcoin and also invest according to their financial strength.

[ChocolateBitcoinK]

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.

I agree with you, in no case do we ever get any guarantee of success in any investment, no matter how high the possibility is, we never have a guarantee of success. Therefore, we should definitely make the right decision in the case of investment, many people think that if you hold it for a long time, profit is guaranteed, but in reality, no investment is 100% guaranteed. Therefore, we should definitely use money in the case of investment that we can hold in any situation, or accept any result, that is, whatever the result is, we should ensure that it does not have any negative impact on our financial situation, and then invest with the amount of money we can afford.

[PhilosopherKing]

It is almost impossible for an investor to remove or neglect about making profit in Bitcoin in the long run because if not for the fact that there will be profit if Bitcoin is been hold for long term, I'm sure plenty or everyone that is accumulating Bitcoin now with seriousness would not have been doing that though the return is not sure but every investor has hope in Bitcoin and if nothing goes bad in Bitcoin then they will be profitable in Bitcoin in the future but one thing is that even though they are accumulating for profit they didn't carry it on their head like traders.

You are mistakened man because even if person ongoingly buy and hold bitcoin for long term such as a cycle and above, that doesn't guarantee that the person will make profit, and so making profit from bitcoin isn't a fact. The track record of bitcoin is very good because so many persons that invested in it in the past reaped the benefits of it, but the past record of bitcoin dosen't guarantee future profit in bitcoin investment, and that is the main reason why is good that person invest using the money that they can afford to loose.

So investor should first solve their immediate need and from the remaining money, they should then remove what they can afford to loose and invest ongoingly with it.

[Qhunman]

What's the difference between a discretionary income and the funds you can afford to lose?
Because it seems like you don't know that you can afford to lose your discretionary income, and it wouldn't have much effect on your finances. Why that term "invest or gamble with what you can afford to lose" is mostly used as advice to most investors or gamblers is that it makes you less emotional towards your Bitcoin investment or towards your bet, because you will not be hurt if your investment or bet did not go as you initially planned.

Money you can afford to lose and discretionary income is the same. I think he didn't know which is why he thought they were two different things entirely. And no matter how he tries to twist it that they aren't the same thing doesn't add up.

Bitcoin offers no guarantee in return which means anything can happen to bitcoin in the future which why investors are advice to invest only their discretionary income  which is money they can afford to lose so that if things didn't go as planned they will be able to move on with their lives.

[I_Anime]

What's the difference between a discretionary income and the funds you can afford to lose?
Because it seems like you don't know that you can afford to lose your discretionary income, and it wouldn't have much effect on your finances. Why that term "invest or gamble with what you can afford to lose" is mostly used as advice to most investors or gamblers is that it makes you less emotional towards your Bitcoin investment or towards your bet, because you will not be hurt if your investment or bet did not go as you initially planned.

Money you can afford to lose and discretionary income is the same. I think he didn't know which is why he thought they were two different things entirely. And no matter how he tries to twist it that they aren't the same thing doesn't add up.

Bitcoin offers no guarantee in return which means anything can happen to bitcoin in the future which why investors are advice to invest only their discretionary income  which is money they can afford to lose so that if things didn't go as planned they will be able to move on with their lives.

Discretionary income and funds you can afford to lose are not necessarily the same. Funds you can afford to lose is gotten from your discretionary income , don’t worry I will explain further and try to break it down as simple as I can , for instance.

-Monthly earning $2k
-Essential expenses $1,500 (which will be taken out from your monthly earning ($2k))
-Discretionary income $500 (which is the lest over after taken care of your expenses)

So you’re not just going to invest with the whole $500 as the amount you can afford to risk , because is from your discretionary income you will generate your emergency and reserve funds , before using the remaining to do what you want to do (like for saving or investing) Which is the funds you can afford to lose .

[Agbam]

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.

What's the difference between a discretionary income and the funds you can afford to lose?
Because it seems like you don't know that you can afford to lose your discretionary income, and it wouldn't have much effect on your finances. Why that term "invest or gamble with what you can afford to lose" is mostly used as advice to most investors or gamblers is that it makes you less emotional towards your Bitcoin investment or towards your bet, because you will not be hurt if your investment or bet did not go as you initially planned.

The phrase “money you can afford to lose” is almost same thing as discretionary money, but not exactly. A lot of people have different opinions about what is discretionary money but the most common one is the money left over after settling basic/essential needs. Money you can afford to lose is the part of the discretionary which you can use for investment.

So with this money, your investment is saved from early death in case of a crisis or emergency, it gives you  peace of mind because it’s not money you are going to use to settle a crucial need.
Probably money you would have wasted on luxury or fancy goods but it’s better you use it to invest in bitcoin.

Let’s say your discretionary is $100 and you invest $40 and put another $40 into emergency and $20 into reserves or personal consumption. The $40 is the money you can afford to lose. The entire $100 is discretionary money but not money you can afford to lose.

I think this is where a lot of people get it confused, the discretionary income and the investable capital overlap but they’re not always the same thing.

[abaeze]

People will always be looking for safe investment, but there is no such thing as safe investment, every investment out there comes with some risk. Even leaving money idle has its own risk because inflation will still eat away its value.
Investments should be made with money you can set aside, not money that you are suppose to be using to pay for your rent or eat or to settle other responsibilities. As long as your daily living is not depending on the outcome of that investment, it will be much easier to stay calm through out the investment.
Like for Bitcoin now. The upside is huge, and so is the volatility as well. So going in with realistic expectations and understanding both the opportunities and the risk is very important.

A very important thing in investing is to avoid risk, because in most cases it is not possible to do so. So rather than skipping the risk of investment, it is wiser to understand the risk and manage the investment. Inflation in fiat currency reduces purchasing power, it is very true. On the other hand as you said, there is market risk when investing in shares, real estate or Bitcoin. So in the case of Bitcoin, I would say that as the possibility is great, a decline of 20% - 35% or more is not uncommon. So if someone invests in Bitcoin, they should invest such an amount of money that a temporary decline in value will not disrupt their personal life or mental health.

Eventually, the success of investment depends not only on which asset you buy but also on risk management, patience and proper money management.

[alankasman]

...

A very important thing in investing is to avoid risk, because in most cases it is not possible to do so. So rather than skipping the risk of investment, it is wiser to understand the risk and manage the investment. Inflation in fiat currency reduces purchasing power, it is very true. On the other hand as you said, there is market risk when investing in shares, real estate or Bitcoin. So in the case of Bitcoin, I would say that as the possibility is great, a decline of 20% - 35% or more is not uncommon. So if someone invests in Bitcoin, they should invest such an amount of money that a temporary decline in value will not disrupt their personal life or mental health.

I think this has become something that cannot be separated by anyone because the risk goes hand in hand with what we do in investing. However it is true as you said how can we manage this risk wisely so that we are one of those who can anticipate the risks in investing in Bitcoin. In terms of calculations many do not understand how to manage these investments even though we know that this risk is something we need to eliminate with the goal of our investments can always achieve the results we want according to expectations. Therefore there are many things in this investment that we need to be aware of wisely so that we can take these steps to be able to maintain or protect our investments.

This decline isn't a new chapter we're seeing as price drops and increases are a daily part of the market's current downward trend. However as long as the price remains above $50,000, we can still continue investing. It's still worthwhile to maintain the amount we've accumulated over a significant period of time. If the price eventually falls below $50,000, we won't need to hold on to the accumulated funds any longer. Therefore, we can still hold on to our holdings as market movements often show signs of improvement. As is often the case during a downturn, there will certainly be an increase but we can't predict the timing.

[Obulis]

Accumulate a comfortable amount of Bitcoin through discretionary income. You can invest in Bitcoin spontaneously if you have discretionary income but consider whether this plan is right for you. For example if you buy Bitcoin with the entire amount of discretionary income you have, you may face a financial crisis due to additional expenses. To continue investing for the long term you need to have cash flow available. Having an emergency fund is important because your target is to accumulate Bitcoin regularly and make it long term. An emergency fund and cash flow are important for long term Bitcoin investments.

Emergency fund, discretionary income and cash flow management are really important in sustaining long-term investments. We should not invest from money that can lead to a shortage in our short-term needs if we use it. Because if we invest from within the money we need, we may be forced to sell the investment in bad situations later. Which destroys long-term plans. Emergency fund does not work as an alternative to investment, it works as a protection for our investment and financial stability. Proper cash flow management is essential in continuous investment. Therefore, to achieve success in investment, it is not enough to just buy, but it is also important to acquire the ability to sustain it in the long term.

Venturing into Bitcoin with the funds you can't afford to lose is usually traders tactics because they do that in hope to get gain in the shortest time. Altogether, this matter here is emphasizing the joy of DCA strategy with discretionary funds which is the tendency to stop buying for a while without thinking of selling your Bitcoin and that doesn't in any way undermine the obvious importance of emergency funds but DCA means not buying with all your discretionary funds and so an investor can stop for sometime and continue buying later. Just like the dip or perfect dip that never happens while waiting, in many situations or challenges selling off our Bitcoin hodling should never happen instead stopping to buy Bitcoin for while should be the case.