Buy Buy Buy or Sell Sell Sell?

[Charcol]

Basic knowledge before starting to invest in Bitcoin is crucial to learn and possess. While it's true that investing in Bitcoin doesn't require extensive knowledge, basic knowledge is still crucial. As we know, many people who invest in Bitcoin without proper knowledge often lose money and refuse to invest again. Furthermore, I dislike people like that when they lose, they blame Bitcoin. In fact,, their losses stem from their own ignorance, as they simply bought Bitcoin without understanding what it is.

They only know that many people profit from Bitcoin. So, these people are clearly very bad, and it's probably okay to be like that as long as they don't denigrate Bitcoin afterward. So, for that reason, anyone who wants to invest in Bitcoin right now, don't forget to understand the basics of Bitcoin, because it doesn't take much time, maybe just a few hours to read and find out and you won't get stuck in the middle of the road if that's the case.

The idea of ​​losing money with Bitcoin investment seems contradictory to me because losing/winning is related to trading. So, it seems very inconsistent to me to make them the subject of investing in Bitcoin. However, I think they often get involved in trading due to lack of basic knowledge. And it is foolish to blame Bitcoin when it comes to trading because its price fluctuates on a short-term basis.

Therefore, if we want to invest in Bitcoin, we have to first decide on the mindset of investing on a long term basis. Then we have to gain basic knowledge about Bitcoin and investment. Along with that, we need to find a discretionary income to invest with which we have to start investing on a weekly or monthly basis step by step and maintain it. In this case, it should be kept in mind that in investing in Bitcoin on a long term basis, there will be short term price fluctuations, which will not hinder our investment.

Although Bitcoin is a strong asset in the long term, no one can guarantee Bitcoin. Because it is not impossible or contradictory to lose money in Bitcoin investment. We know that Bitcoin can be a potential asset in the long term. But if someone buys with the money they need, does not have emergency funds, becomes a forced seller, falls victim to a scam, or mismanages the seed phrase. Even if they have a long-term attitude, they can still lose money due to their own mistakes.
Another thing is that no one becomes a trader due to lack of basic knowledge. Suppose a new person who wants to start can start without knowing everything about Bitcoin, but he does not become a trader. Because he will start with a small amount of discretionary income and will gradually get time to learn about self-custody, seed phrase, scam risk. Rather, many people cannot start saving because of the thought that they will start by learning basic knowledge. If someone starts with a long-term and learning attitude despite not having basic knowledge, then he does not become a trader. Rather, if someone thinks about short-term profits, tries to buy with the necessary money when they see DIP or buys today and sells tomorrow and expects to make a profit, they can be called traders.

[Crytohillss]

Basic knowledge before starting to invest in Bitcoin is crucial to learn and possess. While it's true that investing in Bitcoin doesn't require extensive knowledge, basic knowledge is still crucial. As we know, many people who invest in Bitcoin without proper knowledge often lose money and refuse to invest again. Furthermore, I dislike people like that when they lose, they blame Bitcoin. In fact,, their losses stem from their own ignorance, as they simply bought Bitcoin without understanding what it is.

They only know that many people profit from Bitcoin. So, these people are clearly very bad, and it's probably okay to be like that as long as they don't denigrate Bitcoin afterward. So, for that reason, anyone who wants to invest in Bitcoin right now, don't forget to understand the basics of Bitcoin, because it doesn't take much time, maybe just a few hours to read and find out and you won't get stuck in the middle of the road if that's the case.

The idea of ​​losing money with Bitcoin investment seems contradictory to me because losing/winning is related to trading. So, it seems very inconsistent to me to make them the subject of investing in Bitcoin. However, I think they often get involved in trading due to lack of basic knowledge. And it is foolish to blame Bitcoin when it comes to trading because its price fluctuates on a short-term basis.

Therefore, if we want to invest in Bitcoin, we have to first decide on the mindset of investing on a long term basis. Then we have to gain basic knowledge about Bitcoin and investment. Along with that, we need to find a discretionary income to invest with which we have to start investing on a weekly or monthly basis step by step and maintain it. In this case, it should be kept in mind that in investing in Bitcoin on a long term basis, there will be short term price fluctuations, which will not hinder our investment.

Although Bitcoin is a strong asset in the long term, no one can guarantee Bitcoin. Because it is not impossible or contradictory to lose money in Bitcoin investment. We know that Bitcoin can be a potential asset in the long term. But if someone buys with the money they need, does not have emergency funds, becomes a forced seller, falls victim to a scam, or mismanages the seed phrase. Even if they have a long-term attitude, they can still lose money due to their own mistakes.
Another thing is that no one becomes a trader due to lack of basic knowledge. Suppose a new person who wants to start can start without knowing everything about Bitcoin, but he does not become a trader. Because he will start with a small amount of discretionary income and will gradually get time to learn about self-custody, seed phrase, scam risk. Rather, many people cannot start saving because of the thought that they will start by learning basic knowledge. If someone starts with a long-term and learning attitude despite not having basic knowledge, then he does not become a trader. Rather, if someone thinks about short-term profits, tries to buy with the necessary money when they see DIP or buys today and sells tomorrow and expects to make a profit, they can be called traders.

Some persons focused only on Bitcoin Long term potential and they forget that investment process also depends on personal financial discipline and risk management purchasing with money one can't afford to leave untouched leaving security practices or pursuing quick gain can turn a good asset into a bad experience, I think there's an important differences between investment and trading some time who begin little learn gradually and focused on long term accumulation. if they can still learn the basics trading is most about short term speculation they are trying to gain from market movement.

[KeenanEl19]

In essence, the DCA strategy is better or more suitable for long-term use. Furthermore, investing in Bitcoin is not recommended if the goal is short-term, especially for quick profits. Furthermore, we must be mindful of other factors, such as our own cash flow. It's better to focus on maintaining a budget to ensure investments remain sustainable and consistent over the long term. Taking risks is sometimes necessary for success, and even failures offer lessons to be learned. However, careful consideration is essential before making any decision. This means not making random decisions. For example, when the price drops, we can take the risk of accumulating more money, but careful consideration is necessary first.

One reason why they don't want a short-term investment pattern is because basically the short time is not something that can provide benefits for them because if calculated with the income they will receive is less, especially now with the decline in prices which makes them actually not want to invest in the short term simply because the income they earn is only enough to do it this way. Because with such a very limited income they must do it to suffice for needs in order to survive because these needs are part of a person's responsibility and it is impossible to do everything with the amount received by that person.

Long term is the right time or choice in investing after doing DCA on the amount of BTC that we will invest by following the long term because someone is doing a long term investment pattern because they have discretionary income that is more than their needs meaning that the income they generate certainly exceeds their needs so that it can be categorized as having an income capacity that exceeds so that when someone invests with a long term pattern they are no longer worried about the duration of time which is not a little but long just because they have enough income to make them have to do it with a long term pattern so that whether the price is in decline or increase for them is no longer a problem they face because they have sufficient cash flow or income in doing both things, one of which is investing long term without thinking about matters related to responsibility for needs because they already have and have everything for needs by having enough income so that for them it is very easy to do it whether it is for investment or for needs which are the main points in solving problems.

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

[Crakryptvest]

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

[Agbam]

Of course, each person starts from where he is at, and merely because I suggested that a guy can start as soon as he figures out that he has discretionary funds, he may also use his own judgement to figure out what information that he needs in order to get started at his own pace... and some guys might know more than others at the time that they start.   I do know some of the parameters of my own starting from late 2013, and it probably took me a week or two to go through various possible places to source bitcoin, and back then, some of them took a while to set up, and then others had higher fees, so there are various tradeoffs to study, and even if a guy figures out his budget, he still may be concerned about how much to put in right from the start with some of the test transactions or maybe connecting bank accounts to exchange accounts.. and I remember that one of my very first transaction was through Local Bitcoins, and so I had to meet with a person in my area and give the person cash so then he could give me the bitcoin... So there was a bit of a need to get comfortable with the idea of meeting a stranger in a public place to make a bitcoin exchange and to give them cash and hope that they sent the bitcoin.

Now we’re coming to a good understanding, the journey is and Will always be different for everyone but the constant thing is starting as soon as we have good judgement and discretionary money.

What I can conclude is that getting started with bitcoin might be different for everyone.

Sure it is different, yet the very bare minimum to be able to get started is having discretionary funds available.

Yes, this I agree with 100%.

While some might need a knowledge of what they’re getting into like me others can just put in their money (what they can afford to lose) and gain the knowledge and conviction as they grow in their investment experience.

Part of the reason that I gave the example of the guy who purposefully choose $30 per week, when he knew that he had $100 per week available, was to show that it seems that exercising good judgement also means to modify the way of starting to a place that is comfortable, and surely there may be some guys who have a whole lot of money that they could start with, let's say that a guy in his mid-30s, has an income of $30k per year and he had been investing $100 per week already for 10 years at the time that he heard about bitcoin, and he had already invested $30k over the past 10 years and his investment was worth around $50k.  

Maybe he would be willing to put $15k of his already existing investment into bitcoin, yet he might not want to transfer that $15k over to bitcoin right away, yet he is eager to figure out ways to invest that $15k into bitcoin over then next 6 months or maybe in the next 12 months or maybe in the next 18 months, and the meantime, maybe he wants to continue to invest his $100 per week, but he wants to put half of that into bitcoin and the other half into his already existing investment.  

Guys can decide all kinds of things based on where they are already at and we do not need to patronize them and act like we know what they need to know about bitcoin, about investing and/or about cashflow management.  They can start from where they are at and figure out their own ways of going forward, and sure bitcoin might be a different kind of investment, but they can figure out how they can learn as they go.

Yes, guys have to decide for themselves how to invest their money and plan for their lives according to their different financial circumstances and positions. What works for one investor might not necessarily work for another.

I think getting started is always the most important part of every investment journey because, once you've broken the ice and made that commitment, the rest can be figured out as you go on. Investing, learning, gaining experience and understanding your own risk tolerance and cash flow will help adjust your strategies accordingly.

Another important thing is to have a plan that is realistic and sustainable for your situation, rather than trying to copy exactly what someone else is doing.

[Solokan]

When you’ve motivated by a friend to invest in bitcoin that means you have a good friend and he want you to enjoy what is benefiting on bitcoin. But in some aspects is very wrong to motivate to a friend to invest because that motivation you’re telling him is all about the advantages about bitcoin you can’t tell him the negative side when he don’t have does patience to invest in long term you will always failed because in bitcoin investment if you don’t have patience you will always be difficult for you to succeed.

Indeed, people who introduce BTC to their friends should explain what it is, its benefits, and the risks of investing in it. However, it's certainly better for people who are invited to invest in BTC or who share it with their friends to seek information about it, and learning about it is now very easy thanks to the internet. Investing in BTC does have a lot to learn, but the most important thing is being able to hold BTC for the long term. The money used to buy BTC must be money you can afford to lose, or from discretionary income.

Patience is essential for BTC investors, as lack of patience will undoubtedly make it difficult to achieve profits, especially with BTC's constantly fluctuating price and the constant occurrence of bearish and bullish markets. Impatience can potentially lead to failure. There are certainly many other temptations to investing in BTC, but it's crucial to have an emergency fund and reserve funds, as without them, it will be difficult to hold BTC long-term.

[Dreadboost]

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

I totally agree with you. One of the reasons we make investment is to make profit, so when you have an opportunity like when there is a dip in price, I think it's advisable to purchase more, but it has to be with extra savings set aside for investment and as you mentioned it must not be done under pressure or you will be under intense pressure after making such investment,  but if the money is just lying some where and it's also kept aside for investment,  then it's will be an opportunity to make more profit when there is a dip in price.

[Silikiem]

...

But what if I told you that there is nothing like the perfect time to invest in Bitcoin, and that every time is indeed the perfect time to invest in it, since it is a decentralized digital currency whose price value always fluctuates with respect to demand and supply all the time. Hence, making it an asset worth investing in, most especially those who intend to hold it long term. Whereas those who intend to hold it Short term, it is still far better than leaving the money in our fiat traditional money which can be affected by inflation.

There is someone that said " the best time to start is not yesterday neither is it tomorrow but rather today" so if someone has already missed some opportunities yesterday they should not let the opportunity they missed distract them from taking a bold step today because even starting today can change everything and all the missed opportunities can still be recovered because Bitcoin is a volatile asset and it has the potential to surge at anytime.

This proverb that we often hear is indeed right and true because the opportunity that we will have is when we do it with the current time for example as you said that not yesterday tomorrow or the day after tomorrow what is clear is today that we cannot miss to continue doing it because if not of course we will lose more opportunities for example today there is a decline in the price of Bitcoin while we have the power to make a Bitcoin purchase but we do not do it because of many reasons that make us still not do this Bitcoin purchase one of the things we do is wasting or squandering time or opportunities that are in front of our eyes so the right thing what we are discussing is very right to improve our selfishness to not be too high with the aim of continuing to do it when the opportunity allows us to do it to increase the number of BTC collections because the decisions we make now aim to become our future assets so today we need to do it for that.

Yes there is no perfect time to invest in Bitcoin because of the fluctuating nature of Bitcoin. Any day is the perfect time and day to invest, you don't need a special manual for it. If you wait for the perfect time or day then you might have missed the perfect day already. There is a purpolar saying in my country that goes like this, anytime you wake up from your bed is your morning. Just invest don't wait for the perfect time because you won't find it. Just invest and hold on to them and wait for the best fluctuating time and sell them.

Bitcoin investment is not just all about buying and selling when you noticed a little increase in price, as a long term investor you might be deviating from your long term strategy into short term trading mindset for a quick profit through your continuous buying and selling whenever you noticed a little increase in price. The goal of a long term investment is to focus more on consistency so you don’t fall off or crash your investment along the line. Bitcoin is not like any commodity in the market where you just buy and sell for quick profit, it is a trader’s mindset and not a real long term investment mindset. I’m not saying you should never take some of your profits you made out of your bitcoin investment but before you do that as a long term investor you probably must have accumulated a reasonable or decent amount of bitcoin to reach your accumulation target or perhaps over accumulation and hold for at least a minimum of 4-10 years such that even when you noticed you’re in some sort of profit and you decide to take The profit it wouldn’t affect your investment for the long term going.

[ruykeri]

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

You are talking about two different  things at the same time. you are supporting Bitcoin dip buying and lump sum method, on the other hand, you are talking about investing in a stress-free way so that long-term holding is possible. And in your words, it seems that you are giving more importance to dip buying and lump sum than regular long-term investment with discretionary income. But the reality is that if you want to invest in Bitcoin without stress and want to create a situation to hold for a long time, then you should start investing with discretionary income  with this mindset of maintaining long-term continuity. Along with this, keep a backup fund so that there is no negative impact on the holding in the future. I think DCA with discretionary income is accepted as the easiest and most convenient way to invest in Bitcoin.

[Obulis]

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.

Sometimes we talk about volatility in bitcoin that we forget to invest, this a factor we know about already then why do we keep going tru and forth about it. Investing in bitcoin should always be our sole priority, when you start thinking about how volatile in nature bitcoin is then you start having a double mind about investing or you start procrastinating your investment. Invest in bitcoin as soon as you can because at the end you are making plans for your future.

Someone who understood what volatility meant will never be discourage to invest in Bitcoin because volatility doesn't only mean dip or drop but rather it can also be seen as a variation in price of Bitcoin which of course can be either uptrend or downtrend as a matter of fact an investor or someone who is willing to invest in Bitcoin should know about the volatile nature of Bitcoin so they won't panic when the market is dropping because the reason some people panic is because they believe and think Bitcoin will just be going up without dropping which is not correct.

There have been a very simple and best way to forget about volatile nature of Bitcoin be it a newbie or not. The use of DCA strategy and investing out of discretionary funds will make Bitcoin volatility a News and nothing to worry about. When the target is to buy and hold Bitcoin for a long time using discretionary funds and DCA strategy the need to worry about volatility is not longer there.

[MusaPk]

I totally agree with you. One of the reasons we make investment is to make profit, so when you have an opportunity like when there is a dip in price, I think it's advisable to purchase more, but it has to be with extra savings set aside for investment and as you mentioned it must not be done under pressure or you will be under intense pressure after making such investment,  but if the money is just lying some where and it's also kept aside for investment,  then it's will be an opportunity to make more profit when there is a dip in price.

If you have spend time like 2 years or more in Bitcoin investment then you can easily figure out the importance of buying Bitcoin at dip. Like I am investing in Bitcoin for quite a while now and have seen Bitcoin going up to $126,000. I have also seen Bitcoin price coming back to $60,000. Now if you are familiar with such scenario then you can easily figure out how much extra money to invest in buying Bitcoin when its taking a dip. A no coiner who is yet to invest in Bitcoin might not feel confident on going aggressive when Bitcoin is taking a dip.   

[Ribust]

I totally agree with you. One of the reasons we make investment is to make profit, so when you have an opportunity like when there is a dip in price, I think it's advisable to purchase more, but it has to be with extra savings set aside for investment and as you mentioned it must not be done under pressure or you will be under intense pressure after making such investment,  but if the money is just lying some where and it's also kept aside for investment,  then it's will be an opportunity to make more profit when there is a dip in price.

If you have spend time like 2 years or more in Bitcoin investment then you can easily figure out the importance of buying Bitcoin at dip. Like I am investing in Bitcoin for quite a while now and have seen Bitcoin going up to $126,000. I have also seen Bitcoin price coming back to $60,000. Now if you are familiar with such scenario then you can easily figure out how much extra money to invest in buying Bitcoin when its taking a dip. A no coiner who is yet to invest in Bitcoin might not feel confident on going aggressive when Bitcoin is taking a dip.   

Absolutely correct. Investing during a dip is normally attributed to experience and confidence. For people who have been in the market for some time now, they have been through many downturns and upticks, thus recognizing dips as natural occurrences in the life of Bitcoin. When you know that Bitcoin had risen to a great extent after each of its drops, then it is easier for you to view a drop as an opportunity to invest.

For new investors who haven’t invested any coin in the market before, seeing Bitcoin drop after being at a high is frightening. They are afraid that the price will keep on dropping. Experience is what makes investors more confident in their investment.

[Rabata]

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

I totally agree with you. One of the reasons we make investment is to make profit, so when you have an opportunity like when there is a dip in price, I think it's advisable to purchase more, but it has to be with extra savings set aside for investment and as you mentioned it must not be done under pressure or you will be under intense pressure after making such investment,  but if the money is just lying some where and it's also kept aside for investment,  then it's will be an opportunity to make more profit when there is a dip in price.

Although Bitcoin has the potential to make long-term profits, it is difficult to say for sure. Some people may invest because of the potential for profit. But it may be wrong to think that everyone saves in the hope of profit. Some people invest because they want to have control over their own assets. Bitcoin is an asset that allows them to hold their own assets without relying on the permission of a bank, third party or anyone else. Many even see Bitcoin as a long-term savings that they consider as an alternative to inflationary depreciation.

[Jubilee58]

The best time for buying is at low price and I think if you If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

The best cryptocurrency to buy remains bitcoin, and though you can buy bitcoin anytime especially when you are a long term investor, but the best time to buy bitcoin is during the bear market when the price of bitcoin is down, and the bull season is over. In other to make the most profit out of your bitcoin investment, it is necessary you exercise patient, and avoid selling your asset in panic. When your investment is fully matured, you can now sell, and make your profit.
As a Bitcoin investor, not all time is suitable to sell your bitcoin, the best time to sell your bitcoin investment is during the bull season, and selling at the early stage of the bull season will still rob you reasonable profit, instead you can sell at the middle of the bull season or towards the ending part to make good profit if you can be patient enough to that very time.

[Humblevirus]

The best time for buying is at low price and I think if you If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

The best cryptocurrency to buy remains bitcoin, and though you can buy bitcoin anytime especially when you are a long term investor, but the best time to buy bitcoin is during the bear market when the price of bitcoin is down, and the bull season is over. In other to make the most profit out of your bitcoin investment, it is necessary you exercise patient, and avoid selling your asset in panic. When your investment is fully matured, you can now sell, and make your profit.
As a Bitcoin investor, not all time is suitable to sell your bitcoin, the best time to sell your bitcoin investment is during the bull season, and selling at the early stage of the bull season will still rob you reasonable profit, instead you can sell at the middle of the bull season or towards the ending part to make good profit if you can be patient enough to that very time.

As you said, the best time to buy Bitcoin is during the bear market. However, I think that is wrong. Every time is the best time to buy Bitcoin. Bitcoin does not have a specific best time to buy because it cannot be timed accurately. Bear markets often happen unexpectedly, and if someone keeps waiting for a bear market, it may not come when they expect it to.Therefore, it is better to start investing whenever one has discretionary funds. A person should simply apply the DCA method, which allows them to buy Bitcoin regularly, either weekly or monthly. This enables them to accumulate Bitcoin at different price levels instead of waiting for a bear market and hoping Bitcoin drops to a level they consider attractive.

Waiting for a bear market is often a waste of time because there is no certainty that Bitcoin will fall to the level some people expect before they begin buying. If someone is able to hold Bitcoin for a long period, they can sell part of their holdings anytime they are in profit.It is not necessary to sell Bitcoin only during a bull run because long term Bitcoin investors often accumulate enough profit over time to feel comfortable taking profits whenever they choose. However, to make selling easier and more disciplined, an investor can set a target price and decide, When Bitcoin reaches this price, I will sell part of my holdings.

[I_Anime]

The best time for buying is at low price and I think if you If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

The best cryptocurrency to buy remains bitcoin, and though you can buy bitcoin anytime especially when you are a long term investor, but the best time to buy bitcoin is during the bear market when the price of bitcoin is down, and the bull season is over. In other to make the most profit out of your bitcoin investment, it is necessary you exercise patient, and avoid selling your asset in panic. When your investment is fully matured, you can now sell, and make your profit.
As a Bitcoin investor, not all time is suitable to sell your bitcoin, the best time to sell your bitcoin investment is during the bull season, and selling at the early stage of the bull season will still rob you reasonable profit, instead you can sell at the middle of the bull season or towards the ending part to make good profit if you can be patient enough to that very time.

IMO bear market is a good time to be aggressive especially when you have enough cashflow . But doesn’t make it the best time to buy , cause you can literally start buying now and still make something good from Bitcoin in a long run beside you are not investing for short term , only short term investor are always looking for the possible low to buy in order to make enough profit in a short period of time which is quite risky , long term bitcoin investment is way easier to manage compared to shortterm risk .

[ejikeme24]

The best cryptocurrency to buy remains bitcoin, and though you can buy bitcoin anytime especially when you are a long term investor, but the best time to buy bitcoin is during the bear market when the price of bitcoin is down, and the bull season is over. In other to make the most profit out of your bitcoin investment, it is necessary you exercise patient, and avoid selling your asset in panic. When your investment is fully matured, you can now sell, and make your profit.

@Jubilee58 Bitcoin is no longer classify as "cryptocurrency" it's more appropriate to use "digital asset" instead of cryptocurrency of which sir JJG has already settled this, maybe you weren't here when sir JJG Said that Bitcoin should not be classified as cryptocurrency since there are thousands of coins out there so while giving example you should be specific by mentioning the name of the coin you're talking about because cryptocurrency is a general name, as you can see everyone here has one choice of investment that's (bitcoin) so saying cryptocurrency is like taking us back to old discussion.

[sotelorene]

The best time for buying is at low price and I think if you If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

The best cryptocurrency to buy remains bitcoin, and though you can buy bitcoin anytime especially when you are a long term investor, but the best time to buy bitcoin is during the bear market when the price of bitcoin is down, and the bull season is over. In other to make the most profit out of your bitcoin investment, it is necessary you exercise patient, and avoid selling your asset in panic. When your investment is fully matured, you can now sell, and make your profit.
As a Bitcoin investor, not all time is suitable to sell your bitcoin, the best time to sell your bitcoin investment is during the bull season, and selling at the early stage of the bull season will still rob you reasonable profit, instead you can sell at the middle of the bull season or towards the ending part to make good profit if you can be patient enough to that very time.

IMO bear market is a good time to be aggressive especially when you have enough cashflow . But doesn’t make it the best time to buy , cause you can literally start buying now and still make something good from Bitcoin in a long run beside you are not investing for short term , only short term investor are always looking for the possible low to buy in order to make enough profit in a short period of time which is quite risky , long term bitcoin investment is way easier to manage compared to shortterm risk .

Being aggressive during the Dip always gives an investor the advantage to increase their portfolio and yet it doesn't mean we should wait for it because the market always come down at any period of time and the reason we should not wait for this period it's because we don't know when it will come and sometimes waiting can bring about lack of interest and missed opportunities so it's better and advisable we accumulate gradually till we come across the Dip.

[Soldroplet]

One reason why they don't want a short-term investment pattern is because basically the short time is not something that can provide benefits for them because if calculated with the income they will receive is less, especially now with the decline in prices which makes them actually not want to invest in the short term simply because the income they earn is only enough to do it this way. Because with such a very limited income they must do it to suffice for needs in order to survive because these needs are part of a person's responsibility and it is impossible to do everything with the amount received by that person.

Long term is the right time or choice in investing after doing DCA on the amount of BTC that we will invest by following the long term because someone is doing a long term investment pattern because they have discretionary income that is more than their needs meaning that the income they generate certainly exceeds their needs so that it can be categorized as having an income capacity that exceeds so that when someone invests with a long term pattern they are no longer worried about the duration of time which is not a little but long just because they have enough income to make them have to do it with a long term pattern so that whether the price is in decline or increase for them is no longer a problem they face because they have sufficient cash flow or income in doing both things, one of which is investing long term without thinking about matters related to responsibility for needs because they already have and have everything for needs by having enough income so that for them it is very easy to do it whether it is for investment or for needs which are the main points in solving problems.

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

I agree with your statement. No matter how attractive the investment opportunity is, it is never the job of a wise investor to invest all his money ignoring his necessary expenses and responsibilities. Even if the market is favorable today, there is no way to be sure about the future, so risk management should always be a priority. Just as an experienced farmer does not sell the entire crop in one day, but rather saves something thinking about the future, similarly, an investor needs to ensure financial security before investing. Investing slowly in the discretionary income DCA method reduces mental stress and makes it easier to stabilize long-term assets.

"Investments made certainly involve the risk of loss" is a bit too negative and uncertainty-centered language. In my opinion, Bitcoin should not be viewed in terms of short-term profit and loss, the main focus of new investors should be increasing their Bitcoin stack, holding for the long term and not worrying too much about temporary price drops or paper losses. There is risk in investing, but with proper cashflow management, backup fund and long-term holding period, that risk can be dealt with. If we use only discretionary income and invest in an amount that does not put us under financial stress, then there is no need to worry too much about temporary depreciation. The market will not stop fluctuating, but with a strong financial foundation and a patient mindset, those fluctuations cannot ruin the investment imagination.

[johnsaributua]

Being aggressive during the Dip always gives an investor the advantage to increase their portfolio and yet it doesn't mean we should wait for it because the market always come down at any period of time and the reason we should not wait for this period it's because we don't know when it will come and sometimes waiting can bring about lack of interest and missed opportunities so it's better and advisable we accumulate gradually till we come across the Dip.

Correct. Because this is not wrong for those who take advantage of the opportunity when the price is in decline so that in the end those who take advantage of this opportunity will certainly make a profit when the price is in the future increase because what we need to know is that the price is not always in decline so with an opportunity like this continue to take advantage of buying Bitcoin as much as possible because there is nothing wrong if we do it in the most aggressive way possible in doing it towards accumulation when the opportunity still exists like now especially when we take advantage of an opportunity like this of course not only the profit will increase but our portfolio will also continue to increase this is because we always do it with two goals the first is to increase the number of BTC and the second is also to increase the portfolio in taking advantage of this opportunity by accumulating BTC when the price is in decline.