Buy Buy Buy or Sell Sell Sell?

[Gallar]

That’s the mistake some people continue to make when it comes to Bitcoin. The benefit of investing in Bitcoin is to hold for the long term. I think we can also see how the market is reacting right now. Bitcoin is currently trading below $60k. Some people will be doing well with their normal strategy, while we have others out there waiting for this moment to buy the dip for a short term. If the market continues to fall further than this, they will end up losing.

Anytime we are investing, we need to take greed out of it because it can lead to the wrong decision. nobody knows when the market will go up, bitcoin is something we should buy with money that we are not going to use anytime soon. As the market is falling right now, we will not be worried and will continue to buy because we believe that no matter how deep it falls, the market will still recover from this.

For some people, this concept might be completely incomprehensible. They believe their goal is simply to buy when the price drops and sell once there is a profit. In reality, however, if they persist with this strategy, they will sooner or later find themselves trapped. Since the price of Bitcoin generally trends upward, those who rely solely on buying during dips will likely find themselves unable to purchase Bitcoin in the future; as the price continues to rise, the opportunity to buy will vanish.

We must understand that Bitcoin is an evolving asset and will not necessarily follow the patterns of previous cycles. Personally, I do not believe the price will ever drop back to the $16,000 level seen in the last cycle. It is crucial to recognize this if we intend to invest for the long term. Waiting for the price to return to $16,000 is likely futile—at least for the next few decades. Therefore, buying Bitcoin periodically is a far better approach.

[Futurexxx]

That's true. No matter how knowledgeable you are, you will still need to take caution in anything you do. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE OUTCOME IN VALUE . We all need to go to the drawing board and don't invest carelessly.

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

[Joeboy]

~snip~

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

[Merit.s]

That's true. No matter how knowledgeable you are, you will still need to take caution in anything you do. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE OUTCOME IN VALUE . We all need to go to the drawing board and don't invest carelessly.

There's nothing to go back to the drawing board for if you're investing with your discretionary income using DCA to purchase Bitcoin regularly every week because you're seeing the results in your portfolio as the quantity of your bitcoin is increasing even though, there's a dip it will only affect the value of your portfolio and not the quantity.

This is why you don't need to invest in a short term or buy bitcoin with funds that isn't your discretionary income because that's when you will bring problem to your bitcoin investment. Even though, past performance doesn't guarantee the future outcome, that doesn't mean that you should start timing the market or wait solemnly for the dip before buying or to remain a no coiner for life because the odd of bitcoin price going uptrend is higher than downtrend. We only have very little percentage of the world population investing in bitcion during the passage of time, the number of adopters will increase and that's a good one for bitcoin because the price will also increase since bitcoin is still in her early stage.

[Ruttoshi]

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

Don't get it twisted, your discretionary income is the amount of money that you can avoid to lose be it any amount big or small. This is because even if you lose the money it wouldn't affect your financial well-being since you can do without it.

Some people use the discretionary income to womanize, drink, gamble and club because it's what they can afford to lose which is why they use it anyhow they like. You cannot use money for your basic needs any how because it will definitely affect your well being.

You said because the guy put $50 to save in the bank that's not what he can afford to lose, I think it's the same thing like buying putting the money in your emergency funds and any money that's our discretionary income is what we use to invest into bitcoin and build your emergency funds because it's your extra cash and that's what you can afford to lose. It's not only the money that you are using to buy bitcoin is the amount that you can afford to lose but all your discretionary income which is the reason why you must use it wisely to invest for your future instead of spending it on things that wouldn't add any value to you in the future.

[Hardyrobust]

~snip~

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

investing all one's discretionary income into bitcoin investment is being over aggressive. It is not a must or a good idea for an investor to put all there discretionary income into bitcoin investment. An investor can used some percentage of there discretionary income for buying bitcoin and the remaining percentage can be used to setup an emergency funds. For an investor not to put themselves into unnecessary pressure, they shouldn't be over aggressive in such a way that they may be pressured into tempering with there bitcoin investment because they were unable to build up a safety net.

[Tmoonz]

~snip~

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

investing all one's discretionary income into bitcoin investment is being over aggressive. It is not a must or a good idea for an investor to put all there discretionary income into bitcoin investment. An investor can used some percentage of there discretionary income for buying bitcoin and the remaining percentage can be used to setup an emergency funds. For an investor not to put themselves into unnecessary pressure, they shouldn't be over aggressive in such a way that they may be pressured into tempering with there bitcoin investment because they were unable to build up a safety net.

Some people can invest all of their discretionary income maybe some times and not all the times and they are very much comfortable with it and it will not show or reflect on them as being overaggressive because it was still within the means of their cash left overs meaning that their basic needs has already been given priority to and because of this I wouldn't consider investing all of your discretionary income at some point to be regarded as being overaggressive of your investment when you still have everything in control with over doing it.

[IceLincoln]

Combining strategy can be very advantageous because it will help an investor grow or increase their portfolio so easily, just imagine someone I mean an investor who is using the DCA method and at same time front loading or been aggressive when there is Dip, the investor will grow more than someone that is just using the DCA method but it is not compulsory to combine two strategy in Bitcoin investment especially if it is not convenient for the person otherwise there will be a problem.

I also think combining strategies is a good idea because it will certainly make it faster for those who do it to accumulate BTC, provided they use money they can afford to lose or discretionary income. We're currently in a bearish season, and using a strategy like the one you mentioned would be very suitable because there's certainly potential for BTC to continue falling. During this decline, we can buy BTC while DCA is running.

However, I think if you have extra money, definitely money you can afford to lose, it's better to use DCA aggressively. For example, if you're buying BTC once a week, you could increase it to twice a week, regardless of whether the price drops. However, in this case, the decision is ultimately yours.

There’s a bit of misunderstanding you both are having about what combining strategies actually means. It’s not like a regular routine where every week you DCA you also lump sum or buy the dip. Realistically, How big is your discretionary or how sufficient is your backup funds that you’ll be utilising more than one strategy at the same time?.
The idea of combining is to have a flexible strategy that you can maintain your DCA as your core strategy and take advantage of other opportunities only when they arise. For example: if you receive a bonus, receive an extra income or have cash reserves to buy dip.

We also have to be very careful when we become aggressive or over aggressive because of dip prices, it might sometimes cause more harm than good. I think investors shouldn’t base their aggressiveness on dip prices. I think it should be determined by their financial capacity and long term plans.

[yixichloro2xx]

Because of their extreme greed, people begin to make judgements that would undoubtedly land them in dire straits. They begin buying aggressively during the price decline in the hopes of obtaining short-term success; they buy Bitcoin with money they cannot afford to lose; and they buy Bitcoin with the necessary funds, believing that Bitcoin will provide them with a profit shortly.

However, as a result of such short-term judgements, they stand to lose significantly. Bitcoin should be understood: Bitcoin is not for short-term success; if you invest here, you must hold it for the long term, and we should surely invest in Bitcoin from a financial capacity that allows us to hold it for the long term in any situation.

That’s the mistake some people continue to make when it comes to Bitcoin. The benefit of investing in Bitcoin is to hold for the long term. I think we can also see how the market is reacting right now. Bitcoin is currently trading below $60k. Some people will be doing well with their normal strategy, while we have others out there waiting for this moment to buy the dip for a short term. If the market continues to fall further than this, they will end up losing.

Anytime we are investing, we need to take greed out of it because it can lead to the wrong decision. nobody knows when the market will go up, bitcoin is something we should buy with money that we are not going to use anytime soon. As the market is falling right now, we will not be worried and will continue to buy because we believe that no matter how deep it falls, the market will still recover from this.

‎I feel the right thing most investors lack in this period where Bitcoin isn't doing well is the right mentality. That is why most of them lose their money because their mind can’t handle  the bearish momentum. Because some of them believe that Bitcoin will always be going up not down, so some of them are not prepared for that. That's why once price starts moving, emotions take over and people forget their plan due to their weak mindset. We can hear excuses from Newbies because they will make mistakes in their early stage but if it is someone that has been accumulating for a while are the ones reacting or panicking then they haven't learnt anything properly from Bitcoin, they are just wasting their time.

[Solodoski]

That's true. No matter how knowledgeable you are, you will still need to take caution in anything you do. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE OUTCOME IN VALUE . We all need to go to the drawing board and don't invest carelessly.

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

Past performance in bitcoin is not a realty. However there are times when the market share the same sentiment from one event to another. Market chart can be confusing most times. I wonder how traders do it and honestly the way those who gamble with an amount that is meant for upkeep. This is how they end up in serious situations where the investment remain stagnant.

[ASloveapg]

Let's take for instance the bitcoin market, it is clear that there are two seasons, the bull market, and the bear market, but their are reasons why your Bitcoin drops in price after buying or appreciate in price after selling. It is quite understandable that the cryptocurrency market is very volatile , and therefore price of bitcoin can drop or rise within a short period of time. But if you have been in bitcoin investing or understand how bitcoin works, during the bear market, you should expect more of bitcoin price fall than rising, and during the bull market too, you should expect more of bitcoin rise than falling. Based on this facts it is necessary to understand how the bitcoin market works as an investor so that you will be able to know the best time to buy your bitcoin, and the best time to sell.

It is quite likely that you don't even know what the fuck bitcoin investing is @AmaGold70.  You use the term "investing," yet you are talking about buying and selling and trying to figure out if bitcoin is in a bear season or a bull market.  How is that investing rather than trading?

I really doubt that there are very many traders who could beat a bitcoin buy and hold strategy that is 8 years or longer, and surely the longer the investment strategy, the more likely the trader will end up screwing things up, even if he might have had been able to get lucky with some of his trades over the years.

Every guy is free to chose for himself in regards to how he wants to proceed with his involvement with bitcoin whether he is going to invest or if he is going to fuck around trying to trade, and you seem to have some degenerate inclinations to believe that trading (gambling) is better than investing when it comes to bitcoin.

I think the idea is there but the problem is that the person you mentioned keep missing up words which makes it looks more like a trader than investor, some people in this thread are used to that, starting a statement with a good investment point but get readers confused along the line with the idea of a trader.

 Some people feel that with the right management and analysis they could be successful traders but in reality only 10 in 100% manage to succeed the rest 90% keep suffering from loses and hope for a chance to recover their lose. It's never like that with Bitcoin investment cause people who invest the right way likely succeed overtime, in other words depending on chance is never better than investing.

An investor can choose his level of aggressiveness each time he decides what to do, such as whether he wants to be consistent, whether he has other commitments in his life, or whether he wants to be consistent in a particular pay cycle. Whether his discretionary funds grow, shrink, or stay the same, he wants to continue to buy Bitcoin as much as he can. Investors may start out aggressively or laxly and then change their approach. And then maybe after a while they go back to their previous state. And if we study Bitcoin and other aspects of our cash flow, we can assume that over time we will become more efficient at managing our cash flow. But there may also be situations where investors cannot improve and have to go back to their previous state and try to correct some of their previous mistakes.

[samadam007]

those who are traders are panicking right now and a lot of them have sold their bitcoin and have lost because of the dip in the price of Bitcoin, if you are accumulating Bitcoin and holding for long-term I don't think you have any reason to panic and if you have a reserve fund I will advise you to use it to accumulate aggressively now that bitcoin is in dip, for long-term investors now is a time to accumulate more with low price, now is an opportunity for them it is not a time to panic.
It is true that the future of Bitcoin is not known however with the past experience that we have about Bitcoin we are certain that the price of Bitcoin will surely increase in the future.
The reason why we are using our discretionary income to accumulate Bitcoin is not because Bitcoin those not guarantee success is because using discretionary income to accumulate Bitcoin will help you hold longer without dipping hands into it.

Did you actually think this  through before typing it here ? Or you just choose to be ignorant ? Saying folks should use reserve funds to accumulate Bitcoin agressively is very very irresponsible. Reserve or emergency fund is kept aside to settle unexpected expenses, not to expose it to a volatile asset like Bitcoin. It’ s also very wrong and misleading to say thatswe are "certain" the price will surely increase because of its past performance. No one can guarantee that, and history doesnt promise what comes next. Long term investing is about disciplined accumulation with discretionary income, and also understanding the risks…. not making aggressive moves base on the belief that future gains are guaranteed.

[ejikeme24]

Of course, at any given time, we likely have no high level of confidence if the BTC price is going to go up, down or sideways, and probably it is more difficult to know in the short term as compared with the long term.

 that is the more reason why we don't recommend people to invest in the short term because the price is so fluctuating. As for the Long term, if we are to look at the past record/ history of bitcoin, we may likely have a high level of confidence that the price of Bitcoin will go up in the future, because there has been an increase in the price over the years. but what happened years back may or may not happen again.

Yet, even with the long term, we don't really know, even though we invest in bitcoin with an expectation that we are likely going to be better off for investing in bitcoin as compared to if we had not invested in bitcoin, especially 4-10 years or longer into the future, whatever might be our investment timeline.

Of course, one thing that is almost certain is that those who invested in bitcoin is likely to be better off than those folks who have chosen not to put any damn in bitcoin. Even though there's no certainty about the outcome of our investment it's better I risk my discretionary income in stacking Bitcoin because when I Look at the stash of bitcoin I have accumulated it gives me hope in the future even though I'm not sure about the outcome.

[laspol65]

~snip~

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

investing all one's discretionary income into bitcoin investment is being over aggressive. It is not a must or a good idea for an investor to put all there discretionary income into bitcoin investment. An investor can used some percentage of there discretionary income for buying bitcoin and the remaining percentage can be used to setup an emergency funds. For an investor not to put themselves into unnecessary pressure, they shouldn't be over aggressive in such a way that they may be pressured into tempering with there bitcoin investment because they were unable to build up a safety net.

If a Bitcoin investor invests Bitcoin regularly, he will definitely be able to hold it for a long time. As a result, his portfolio will grow and it will help him to put his money to good use, if that investor can use his money or emergency fund. However, emergency funds should be used for urgent purposes so that his Bitcoin investment is safe.
We can make any kind of effort to keep Bitcoin investment safe, so that we do not face any problems with Bitcoin investment in the future. For this, with patience, effort and willpower, we can move forward with Bitcoin investment in the future.

[Sulegzy39]

Long-term investing in Bitcoin is almost certainly more profitable. Your assumption that you will maintain Bitcoin in accordance with the initial investors' plan is right, but you will not be able to benefit in the same proportion as they will. Because previous investors have made a profit, but if you invest today, you will not be able to profit from it. You can only be profitable if you keep your Bitcoin investment for as long as anticipated.

If Bitcoin is long-term enough and its price continues to rise, you can benefit. Furthermore, if you invest in Bitcoin with the expectation of gaining benefits, you may be impatient; therefore, you can be Rahman by patiently holding your Bitcoin investment for an extended period of time. This plan should guide our future actions.

[Derekfunds]

~snip~

It's true that past performance doesn't guarantees future performance, that's why we are adviced to invest only from our discretionary income, which is a funds you can afford to lose, so that if our investment later didn't go as initial planned, you wouldn't be too affected financially and emotionally.

You spoke of returning to the drawing board, but in the context of buying Bitcoin periodically, I am curious to know what you are trying to say by that statement.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

investing all one's discretionary income into bitcoin investment is being over aggressive. It is not a must or a good idea for an investor to put all there discretionary income into bitcoin investment. An investor can used some percentage of there discretionary income for buying bitcoin and the remaining percentage can be used to setup an emergency funds. For an investor not to put themselves into unnecessary pressure, they shouldn't be over aggressive in such a way that they may be pressured into tempering with there bitcoin investment because they were unable to build up a safety net.

If a Bitcoin investor invests Bitcoin regularly, he will definitely be able to hold it for a long time. As a result, his portfolio will grow and it will help him to put his money to good use, if that investor can use his money or emergency fund. However, emergency funds should be used for urgent purposes so that his Bitcoin investment is safe.
We can make any kind of effort to keep Bitcoin investment safe, so that we do not face any problems with Bitcoin investment in the future. For this, with patience, effort and willpower, we can move forward with Bitcoin investment in the future.

Dude, investing in Bitcoin regularly doesn't mean the person will hold Bitcoin for a long period of time no! Holding Bitcoin for a long period of time is different from investing or accumulating regularly, you can be accumulating regularly while you still have a short term or trading mentality, holding Bitcoin for a long time is a choice and mindset every investor will decide for themselves but I will mostly advise to hold for a long time because there's nothing in the short term and one of the thing that will help us hold for long is using a discrestionary income and with proper planning and mindset.

[Umulala-alala]

Long-term investing in Bitcoin is almost certainly more profitable. Your assumption that you will maintain Bitcoin in accordance with the initial investors' plan is right, but you will not be able to benefit in the same proportion as they will. Because previous investors have made a profit, but if you invest today, you will not be able to profit from it. You can only be profitable if you keep your Bitcoin investment for as long as anticipated.

If Bitcoin is long-term enough and its price continues to rise, you can benefit. Furthermore, if you invest in Bitcoin with the expectation of gaining benefits, you may be impatient; therefore, you can be Rahman by patiently holding your Bitcoin investment for an extended period of time. This plan should guide our future actions.

We are not even guarantee to be profitable from our bitcoin investment even though we hold for long we can only say that bitcoin has been been benefiting long time holders still we are not guarantee of it, this is why we should invest from our discretionary income so what ever be the outcome at the end will be accepted be it profitable or not you already know that you invested with your discretionary income and not money for your basic needs.

[JayJuanGee]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

There's nothing wrong with those who do this by continually buying Bitcoin over a long period of time. The question I need to ask is are they capable and don't need anything else if all their money is invested in Bitcoin purchases over a predetermined period of time?
Whether or not there is a guarantee is a secondary issue because they have to accept the risk when purchasing Bitcoin in a very aggressive manner which some parties rarely do and usually only large investors who are brave and have a strong mental and financial strength do this so using such an aggressive method is nothing new for them.

How can I know how any particular person is going to balance out their finances over a 4-10 year or longer period of time, and yeah, many times it seems accurate to presume that many guys who are actually investing in bitcoin, they are going to have a timeline that is more than 10 years, unless they have some age or health reason that might make it less feasible for them to invest for more than 10 years.

In other words, it can take a whole hell of a lot of time to build up bitcoin holdings, and a lot can happen over a 10 year timeline that relates to both income and to expenses, so perhaps guys just strive to do their best to stay with an income and to keep their expenses managable so that they can continue to build their bitcoin holdings.

Maybe you need to give some example, if you have a particular kind of person in mind.  I cannot know what a guys job prospects are or his age or his health condition or his skills, and surely there are some locations that have real challenges to figure out ways to earn income that is sufficient to support oneself, and then even to earn extra money to be able to buy bitcoin so that maybe in the future, at some point, the guy might not need to work anymore or maybe alternatively he can just works small amounts instead of full time because he had built up his bitcoin holdings and his bitcoin holdings might have had been able to either replace his prior income or perhaps to supplement his prior income so that he does not need to earn as much as he had previously.

Yet, it seems to me that getting the bitcoin stash to a high enough level remains part of the calculation, and many times all that guys have to invest into bitcoin is their income as it comes in, yet there may also be times where guys are able to generate extra income or maybe they had other investments that they could move into bitcoin in order to grow it faster than typical guys need to take in order to build up their bitcoin stash size.

Before acting they must choose between being aggressive and being timid about what they are about to do.

Yeah, but they can vary in their approach depending on a variety of factors going on in their lives, and so yeah, I tend to recommend that guys try to be as aggressive as they are able to be in regards to buying bitcoin without over doing it, yet guys still have to make those choices, and they can change their levels at any time that they want to.  Maybe they have a period of time that they are giving greater emphasis to bitcoin because they feel that their back up funds are strong and everything is going well for them, and then maybe other times, they might end up having some uncertainties about their future income and/or future expenses, so they might purposefully choose to invest in a more whimpy way because they don't want to get caught in a situation in which they had not properly anticipated a loss of income and/or a rise in expenses.

This means that if they do it, they cannot repeat it. This means that if they do it they will certainly know what will happen for example, they cannot blame others who are the main factor in the mistakes they have made.

Of course, guys are responsible for their choices, and they cannot go back in time and do it over... and yeah, sometimes, many years had passed, and then they look back at what they did, and maybe they see that they could have had done better, and so they cannot go back, even though they might be able to learn from their past experiences in terms of how they might proceed as they go forward from that point into the future.

This is true and it also depends on our belief in Bitcoin. We must have faith in Bitcoin. This will help us optimize our investment decisions when purchasing Bitcoin and price fluctuations won't be a reason to constantly blame market prices. It all depends on our belief. Without faith we certainly wouldn't invest in Bitcoin.

Sure.  Your perspective about bitcoin's investment thesis as compared with other places that you could be putting your money is one of the 9 individual factors that you should attempt to account for and to balance out.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

Don't get it twisted, your discretionary income is the amount of money that you can avoid to lose be it any amount big or small. This is because even if you lose the money it wouldn't affect your financial well-being since you can do without it.

Some people use the discretionary income to womanize, drink, gamble and club because it's what they can afford to lose which is why they use it anyhow they like. You cannot use money for your basic needs any how because it will definitely affect your well being.

You said because the guy put $50 to save in the bank that's not what he can afford to lose, I think it's the same thing like buying putting the money in your emergency funds and any money that's our discretionary income is what we use to invest into bitcoin and build your emergency funds because it's your extra cash and that's what you can afford to lose. It's not only the money that you are using to buy bitcoin is the amount that you can afford to lose but all your discretionary income which is the reason why you must use it wisely to invest for your future instead of spending it on things that wouldn't add any value to you in the future.

There is a subjective and psychological element in regards to how much of a guys discretionary income he is willing to lose, and it might not even be the same each week.  We cannot necessarily tell another guy how much of his discretionary income he is willing to lose, since he might want to have to spend $50 each week on womanizing, drinking, gambling and the club, and yeah, maybe he is making bad choices, yet it is his choice to make.

Maybe the same guy knows that if he invests in bitcoin with $50 on any particular week, then for sure, he is not going to be able to use that $50 for womanizing, drinking, gambling, the club and or anything else that he would currently like to have.. and so the money is locked up for 4-10 years or longer, and he might not ever get the money back.. so he still has to chose how he wants to use his $50 in that particular week.

[BluebloodCXVI]

those who are traders are panicking right now and a lot of them have sold their bitcoin and have lost because of the dip in the price of Bitcoin, if you are accumulating Bitcoin and holding for long-term I don't think you have any reason to panic and if you have a reserve fund I will advise you to use it to accumulate aggressively now that bitcoin is in dip, for long-term investors now is a time to accumulate more with low price, now is an opportunity for them it is not a time to panic.
It is true that the future of Bitcoin is not known however with the past experience that we have about Bitcoin we are certain that the price of Bitcoin will surely increase in the future.
The reason why we are using our discretionary income to accumulate Bitcoin is not because Bitcoin those not guarantee success is because using discretionary income to accumulate Bitcoin will help you hold longer without dipping hands into it.

Did you actually think this  through before typing it here ? Or you just choose to be ignorant ? Saying folks should use reserve funds to accumulate Bitcoin agressively is very very irresponsible. Reserve or emergency fund is kept aside to settle unexpected expenses, not to expose it to a volatile asset like Bitcoin. It’ s also very wrong and misleading to say thatswe are "certain" the price will surely increase because of its past performance. No one can guarantee that, and history doesnt promise what comes next. Long term investing is about disciplined accumulation with discretionary income, and also understanding the risks…. not making aggressive moves base on the belief that future gains are guaranteed.

It’s like you don’t know that reserve funds and emergency funds are different from each other and they serve different purposes for investors even though both still fall under the category of back-up funds. Emergency funds is the money that is set aside to take care of any unexpected expenses that may occur during the course of our investment period.
Reserve funds on the other hand is the money that is set aside to take care of planned future expenses that a person believes is likely to happen; you see the difference now?. Certainly i don’t think it is bad thing if a person decides to keep reserve funds for the purpose of buying aggressively at a particular time that they may feel is appropriate for them to, as long their emergency funds is already in place and continues to be prioritized.

[Crytohillss]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

There's nothing wrong with those who do this by continually buying Bitcoin over a long period of time. The question I need to ask is are they capable and don't need anything else if all their money is invested in Bitcoin purchases over a predetermined period of time?
Whether or not there is a guarantee is a secondary issue because they have to accept the risk when purchasing Bitcoin in a very aggressive manner which some parties rarely do and usually only large investors who are brave and have a strong mental and financial strength do this so using such an aggressive method is nothing new for them.

How can I know how any particular person is going to balance out their finances over a 4-10 year or longer period of time, and yeah, many times it seems accurate to presume that many guys who are actually investing in bitcoin, they are going to have a timeline that is more than 10 years, unless they have some age or health reason that might make it less feasible for them to invest for more than 10 years.

In other words, it can take a whole hell of a lot of time to build up bitcoin holdings, and a lot can happen over a 10 year timeline that relates to both income and to expenses, so perhaps guys just strive to do their best to stay with an income and to keep their expenses managable so that they can continue to build their bitcoin holdings.

Maybe you need to give some example, if you have a particular kind of person in mind.  I cannot know what a guys job prospects are or his age or his health condition or his skills, and surely there are some locations that have real challenges to figure out ways to earn income that is sufficient to support oneself, and then even to earn extra money to be able to buy bitcoin so that maybe in the future, at some point, the guy might not need to work anymore or maybe alternatively he can just works small amounts instead of full time because he had built up his bitcoin holdings and his bitcoin holdings might have had been able to either replace his prior income or perhaps to supplement his prior income so that he does not need to earn as much as he had previously.

Yet, it seems to me that getting the bitcoin stash to a high enough level remains part of the calculation, and many times all that guys have to invest into bitcoin is their income as it comes in, yet there may also be times where guys are able to generate extra income or maybe they had other investments that they could move into bitcoin in order to grow it faster than typical guys need to take in order to build up their bitcoin stash size.

Before acting they must choose between being aggressive and being timid about what they are about to do.

Yeah, but they can vary in their approach depending on a variety of factors going on in their lives, and so yeah, I tend to recommend that guys try to be as aggressive as they are able to be in regards to buying bitcoin without over doing it, yet guys still have to make those choices, and they can change their levels at any time that they want to.  Maybe they have a period of time that they are giving greater emphasis to bitcoin because they feel that their back up funds are strong and everything is going well for them, and then maybe other times, they might end up having some uncertainties about their future income and/or future expenses, so they might purposefully choose to invest in a more whimpy way because they don't want to get caught in a situation in which they had not properly anticipated a loss of income and/or a rise in expenses.

This means that if they do it, they cannot repeat it. This means that if they do it they will certainly know what will happen for example, they cannot blame others who are the main factor in the mistakes they have made.

Of course, guys are responsible for their choices, and they cannot go back in time and do it over... and yeah, sometimes, many years had passed, and then they look back at what they did, and maybe they see that they could have had done better, and so they cannot go back, even though they might be able to learn from their past experiences in terms of how they might proceed as they go forward from that point into the future.

This is true and it also depends on our belief in Bitcoin. We must have faith in Bitcoin. This will help us optimize our investment decisions when purchasing Bitcoin and price fluctuations won't be a reason to constantly blame market prices. It all depends on our belief. Without faith we certainly wouldn't invest in Bitcoin.

Sure.  Your perspective about bitcoin's investment thesis as compared with other places that you could be putting your money is one of the 9 individual factors that you should attempt to account for and to balance out.

You are getting this mistakened... Funds you can afford to lose isn't the same thing as your discretionary income per se.. Discretionary income on one hand is money that is left after your basic needs and responsibilities have been sorted out... While the money you can afford to lose dosen't include the whole of your discretionary income, rather it is just be some part of it .. For example after expenses have been sorted out, a guy may be left with $100 as discretionary income... But then again not everyone may have the conviction or courage to invest with the whole $100 probably due to future uncertainty or say lack of conviction.... And in such a case they may want to use only $50 to invest and the remaining $50 deposit it in either the bank or in another asset... You can see in this case that the amount the hypothetical guy could afford to lose was $50 rather than the whole $100 which was his discretionary income...

Don't get it twisted, your discretionary income is the amount of money that you can avoid to lose be it any amount big or small. This is because even if you lose the money it wouldn't affect your financial well-being since you can do without it.

Some people use the discretionary income to womanize, drink, gamble and club because it's what they can afford to lose which is why they use it anyhow they like. You cannot use money for your basic needs any how because it will definitely affect your well being.

You said because the guy put $50 to save in the bank that's not what he can afford to lose, I think it's the same thing like buying putting the money in your emergency funds and any money that's our discretionary income is what we use to invest into bitcoin and build your emergency funds because it's your extra cash and that's what you can afford to lose. It's not only the money that you are using to buy bitcoin is the amount that you can afford to lose but all your discretionary income which is the reason why you must use it wisely to invest for your future instead of spending it on things that wouldn't add any value to you in the future.

There is a subjective and psychological element in regards to how much of a guys discretionary income he is willing to lose, and it might not even be the same each week.  We cannot necessarily tell another guy how much of his discretionary income he is willing to lose, since he might want to have to spend $50 each week on womanizing, drinking, gambling and the club, and yeah, maybe he is making bad choices, yet it is his choice to make.

Maybe the same guy knows that if he invests in bitcoin with $50 on any particular week, then for sure, he is not going to be able to use that $50 for womanizing, drinking, gambling, the club and or anything else that he would currently like to have.. and so the money is locked up for 4-10 years or longer, and he might not ever get the money back.. so he still has to chose how he wants to use his $50 in that particular week.

I think the key point is that no one can accurately predict what their financial situation will look like 10years from now , job change expenses come up and life can take unexpected turns that's why a long term Bitcoin strategy works best when it's flexible. Invest what one can consistently without putting oneself under financial stability and adjust as your own circumstances change building wealth in is usually more about discipline and patience than trying to predict the future .