Buy Buy Buy or Sell Sell Sell?

[devouring-DARKNESS]

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.

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

You do realize that the money you are saving for your 'precautionary motive' is basically your emergency fund or don't you understand what the emergency fund really is? Behind all that grammar of yours saying they are different the truth is that your so called speculative fund still falls into the discretionary fund category, all you are doing is using a different word for it but that doesn't change what it is.

[Sulegzy39]

In my opinion Auxiliary assets, such as emergency and reserve funds, give us with a buffer, allowing us to avoid situations in which we may be forced to spend Bitcoin against our will. These additional funds do not guarantee that our Bitcoin will be totally secured from all possible undesirable events. We need to strike a different equilibrium. This allows us to continue acquire Bitcoin while also building and maintaining our auxiliary fund. The possibility of us utilising Bitcoin for 4-10 years or more falls dramatically, especially if we can anticipate some bad events, such as our income falling or our spending growing.

So we can adapt to the situation and continue to increase the fund even if certain times are less productive than others. Sometimes we can find ways to improve our discretionary fund by growing our income or lowering our expenses. Some people's lives are more complex, with additional family duties. They devise strategies to deal with their challenges. So they can continue to develop their Bitcoin while also creating and maintaining a backup fund.

[Stive009]

In my opinion Auxiliary assets, such as emergency and reserve funds, give us with a buffer, allowing us to avoid situations in which we may be forced to spend Bitcoin against our will. These additional funds do not guarantee that our Bitcoin will be totally secured from all possible undesirable events. We need to strike a different equilibrium. This allows us to continue acquire Bitcoin while also building and maintaining our auxiliary fund. The possibility of us utilising Bitcoin for 4-10 years or more falls dramatically, especially if we can anticipate some bad events, such as our income falling or our spending growing.

So we can adapt to the situation and continue to increase the fund even if certain times are less productive than others. Sometimes we can find ways to improve our discretionary fund by growing our income or lowering our expenses. Some people's lives are more complex, with additional family duties. They devise strategies to deal with their challenges. So they can continue to develop their Bitcoin while also creating and maintaining a backup fund.

I completely agree with the idea that the Auxiliary Fund acts as our safety net. However, I have a slight disagreement or quibble with 2 things in your post
1. You said that the probability of using Bitcoin in the next 4-10 years decreases dramatically. I think that having the right backup fund reduces the risk of forced selling Bitcoin in the next 4-10 years but the usefulness or necessity of Bitcoin as an asset increases in the long run.

2. In real life it is not so easy to suddenly 'increase income or reduce expenses' especially for those with more family responsibilities. In an economic downturn or inflationary market just 'creating a strategy' and running a DCA and a backup fund at the same time may not be practical for everyone.

So, even if the amount of Bitcoin purchases is temporarily reduced during difficult times. I think it is better to keep the backup fund in place first.

[Grease5000]

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.

The success of Bitcoin is uncertain, in any investment we never get 100% guarantee of success, and in the case of Bitcoin it is no different, the potential of Bitcoin is very good in the long term, but no one can give guarantees. And as a real investor, we have to continue investing based on this possibility. A real investor takes the risk of this uncertainty and then invests with faith in the possible future of Bitcoin. But in the end, we must accept the reality that we will not get guarantees in anything.

I agree that patience is important, but I don't think it's good to focus on how much earlier investors gained compared to those buying today. because that makes Bitcoin sound like a race for returns.

Long term investing shouldn't be about comparing gains.  But about steadily accumulating Bitcoin with DCA using discretionary income and holding for the long term growth . Though every investor starts at a different point, so the focus should be on building and holding his own Bitcoin and not worrying about who made more.

[Gallar]

In my opinion Auxiliary assets, such as emergency and reserve funds, give us with a buffer, allowing us to avoid situations in which we may be forced to spend Bitcoin against our will. These additional funds do not guarantee that our Bitcoin will be totally secured from all possible undesirable events. We need to strike a different equilibrium. This allows us to continue acquire Bitcoin while also building and maintaining our auxiliary fund. The possibility of us utilising Bitcoin for 4-10 years or more falls dramatically, especially if we can anticipate some bad events, such as our income falling or our spending growing.

So we can adapt to the situation and continue to increase the fund even if certain times are less productive than others. Sometimes we can find ways to improve our discretionary fund by growing our income or lowering our expenses. Some people's lives are more complex, with additional family duties. They devise strategies to deal with their challenges. So they can continue to develop their Bitcoin while also creating and maintaining a backup fund.

What you said is absolutely true; essentially, having an emergency fund or a reserve fund is crucial when investing in Bitcoin. As you noted, these funds play a vital role in our financial well-being. I believe that maintaining both types of funds alongside a Bitcoin investment is practically a necessity—something that simply cannot be overlooked. Therefore, while investing in Bitcoin, we must also do our best to build up these emergency and reserve funds.

They serve as the foundation or root that ensures our Bitcoin "HODLing" strategy can proceed more smoothly. Furthermore, regarding discretionary funds, there are several ways to increase them—including the method you mentioned. However, I believe we need to approach this gradually, as cutting expenses or generating additional income is certainly not easy. Ultimately, achieving this requires a great deal of effort and patience.

[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.

You have confused the two things reserve fund and emergency fund. If someone uses his emergency fund to be aggressive, then it is definitely wrong. Because later when a real emergency situation arises, he may be forced to sell less. But if someone wants to be aggressive with the reserve fund in his hand along with continuing regular DCA, then I do not see anything wrong here. One-time purchase method is one of the three methods of investment. If someone has reserve fund in his hand, he can make a one-time purchase, there is no problem in it, rather it can strengthen his savings. But he needs to understand whether the money he made a one-time purchase was actually reserve fund.

Well, I know the diff between emergency funds and reserve funds…. my point is not about the name of the fund, but it’s purpose.
If reserve funds is that money set aside for specific purpose or to provide financial security, encouraging investors to use it to buy a very volatile asset like Bitcoin aggressivelu is risky.The problem is that If that money is needed before the market recover, surely the person might be forced to sell at loss.
Personally, i feel like long term Bitcoin investment should be built on discretionary income and an understanding of the risks involved, not on sacrificing funds that may serve another important purpose

[Decimetre]

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.

You have confused the two things reserve fund and emergency fund. If someone uses his emergency fund to be aggressive, then it is definitely wrong. Because later when a real emergency situation arises, he may be forced to sell less. But if someone wants to be aggressive with the reserve fund in his hand along with continuing regular DCA, then I do not see anything wrong here. One-time purchase method is one of the three methods of investment. If someone has reserve fund in his hand, he can make a one-time purchase, there is no problem in it, rather it can strengthen his savings. But he needs to understand whether the money he made a one-time purchase was actually reserve fund.

Well, I know the diff between emergency funds and reserve funds…. my point is not about the name of the fund, but it’s purpose.
If reserve funds is that money set aside for specific purpose or to provide financial security, encouraging investors to use it to buy a very volatile asset like Bitcoin aggressivelu is risky.The problem is that If that money is needed before the market recover, surely the person might be forced to sell at loss.
Personally, i feel like long term Bitcoin investment should be built on discretionary income and an understanding of the risks involved, not on sacrificing funds that may serve another important purpose

You still don't understand what a reserved funds is or perhaps, you don't understand the difference between a reserved funds and an emergency funds. A reserved funds is that funds set aside for a primary purpose of buying bitcoin during a good time like the dip or to add during aggressive buys but it does not mean it replaces the DCA strategy. Here, the DCA strategy is allowed to run but in an event of an additional buying opportunities, the reserved funds is used for that purpose.

On the other hand, an emergency funds is that funds which is strictly set aside for the purpose of taking care of emergency situations like natural disasters or health conditions. This is the amount of money that is not allowed to be used for bitcoin investment because it is the safety of your bitcoin in the case of sickness or unexpected situations. In summary, Reserved funds can be applied in buying bitcoin but Emergency funds cannot be used for buying bitcoin.

[Jody.Drummer]

You have confused the two things reserve fund and emergency fund. If someone uses his emergency fund to be aggressive, then it is definitely wrong. Because later when a real emergency situation arises, he may be forced to sell less. But if someone wants to be aggressive with the reserve fund in his hand along with continuing regular DCA, then I do not see anything wrong here. One-time purchase method is one of the three methods of investment. If someone has reserve fund in his hand, he can make a one-time purchase, there is no problem in it, rather it can strengthen his savings. But he needs to understand whether the money he made a one-time purchase was actually reserve fund.

Well, I know the diff between emergency funds and reserve funds…. my point is not about the name of the fund, but it’s purpose.
If reserve funds is that money set aside for specific purpose or to provide financial security, encouraging investors to use it to buy a very volatile asset like Bitcoin aggressivelu is risky.The problem is that If that money is needed before the market recover, surely the person might be forced to sell at loss.
Personally, i feel like long term Bitcoin investment should be built on discretionary income and an understanding of the risks involved, not on sacrificing funds that may serve another important purpose

That is the use of an emergency fund that must be built, so that the investment made will not be disrupted by ultimately making the bitcoin owned must be sold, although it is the right of each individual to sell or not but the fear is that this sale must be done at an inappropriate time that is close to a loss. But with this reserve fund, in my opinion, it can be used to buy bitcoin with a larger amount than usual (if previously making purchases consistently with the amount). For example, when the market is down and we have the thought that it will go up and with full consideration we are also ready for the risk too, so at that time buying a larger amount, then if what is sacrificed is a reserve fund in my opinion it still makes sense but not with emergency funds.

[Princess Leah]

Well, I know the diff between emergency funds and reserve funds…. my point is not about the name of the fund, but it’s purpose.
If reserve funds is that money set aside for specific purpose or to provide financial security, encouraging investors to use it to buy a very volatile asset like Bitcoin aggressivelu is risky.The problem is that If that money is needed before the market recover, surely the person might be forced to sell at loss.
Personally, i feel like long term Bitcoin investment should be built on discretionary income and an understanding of the risks involved, not on sacrificing funds that may serve another important purpose

That is the use of an emergency fund that must be built, so that the investment made will not be disrupted by ultimately making the bitcoin owned must be sold, although it is the right of each individual to sell or not but the fear is that this sale must be done at an inappropriate time that is close to a loss. But with this reserve fund, in my opinion, it can be used to buy bitcoin with a larger amount than usual (if previously making purchases consistently with the amount). For example, when the market is down and we have the thought that it will go up and with full consideration we are also ready for the risk too, so at that time buying a larger amount, then if what is sacrificed is a reserve fund in my opinion it still makes sense but not with emergency funds.

I don't understand what you mean by "the sell must be done at an inappropriate time that's close to a lose". Every investor has a choice on how they want to handle their investment but in the right sense, when it comes to Bitcoin investment, selling too quick is not encouraging cause it means the investor is selling at lose, it might be their coin and decision but never the right thing to do.

 The reserve fund is slightly different from funds used for emergency situations and can be used to buy Bitcoin in situations whereby an investor lost his job and couldn't maintain his cashflow for discretionary fund, the invest can buy with the reserve funds till the person is able to secure another job.

[The Founding Titan]

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.

The success of Bitcoin is uncertain, in any investment we never get 100% guarantee of success, and in the case of Bitcoin it is no different, the potential of Bitcoin is very good in the long term, but no one can give guarantees. And as a real investor, we have to continue investing based on this possibility. A real investor takes the risk of this uncertainty and then invests with faith in the possible future of Bitcoin. But in the end, we must accept the reality that we will not get guarantees in anything.

I agree that patience is important, but I don't think it's good to focus on how much earlier investors gained compared to those buying today. because that makes Bitcoin sound like a race for returns.

Long term investing shouldn't be about comparing gains.  But about steadily accumulating Bitcoin with DCA using discretionary income and holding for the long term growth . Though every investor starts at a different point, so the focus should be on building and holding his own Bitcoin and not worrying about who made more.

If a person is focused on how much gain previous investors have made then it will only be a matter of time until they forget what they were actually doing in the first place, bitcoin investment isn't a competition, no one is in a race with another person on who can accumulate more, if you discretionary income allows you to be aggressive then be aggressive if you want, if you can't be aggressive then there is no point in pushing, if you want be able to accumulate more then instead of investing outside of your discretionary income you should focus on increasing your discretionary income instead.

[KeenanEl19]

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.

The emergency fund is the same emergency fund in my opinion as the investment itself where these two things have in common that they should not be disturbed by each other, so this emergency fund really has to be maintained with a clear purpose to overcome urgent circumstances, and with investment it is the same thing that must also be maintained either by accumulation or maintaining it in the long term, and do not use emergency funds to invest because I think these are two opposite things.

When someone is already investing then it is necessary to pay attention to the emergency fund, although starting an investment with no emergency fund is not a problem but don't let it continue like that, it's good that the emergency fund is done simultaneously even though it may be difficult but this is better than no emergency fund at all.

[Promocodeudo]

If a person is focused on how much gain previous investors have made then it will only be a matter of time until they forget what they were actually doing in the first place, bitcoin investment isn't a competition, no one is in a race with another person on who can accumulate more, if you discretionary income allows you to be aggressive then be aggressive if you want, if you can't be aggressive then there is no point in pushing, if you want be able to accumulate more then instead of investing outside of your discretionary income you should focus on increasing your discretionary income instead.

Once an investor starts paying more attention to profit made by any investors, such person is no longer suppose to be called an investor rather a trader, in terms of competition, Bitcoin investment is run with discreationary income and if anyone wants to top up his discreationary income, it is now left for the investor involved to look for ways to top up his source of income so that his discreationary income can improve but at the time being if he has a source hyere his discreationary income is gotten from for him to keep maintaining his investment,  then he should continue with that than trying to do what is beyond his capacity, this is why it is been said that what makes in investors to last in Bitcoin investment is the step they follow.

[devouring-DARKNESS]

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.

You have confused the two things reserve fund and emergency fund. If someone uses his emergency fund to be aggressive, then it is definitely wrong. Because later when a real emergency situation arises, he may be forced to sell less. But if someone wants to be aggressive with the reserve fund in his hand along with continuing regular DCA, then I do not see anything wrong here. One-time purchase method is one of the three methods of investment. If someone has reserve fund in his hand, he can make a one-time purchase, there is no problem in it, rather it can strengthen his savings. But he needs to understand whether the money he made a one-time purchase was actually reserve fund.

Well, I know the diff between emergency funds and reserve funds…. my point is not about the name of the fund, but it’s purpose.
If reserve funds is that money set aside for specific purpose or to provide financial security, encouraging investors to use it to buy a very volatile asset like Bitcoin aggressivelu is risky.The problem is that If that money is needed before the market recover, surely the person might be forced to sell at loss.
Personally, i feel like long term Bitcoin investment should be built on discretionary income and an understanding of the risks involved, not on sacrificing funds that may serve another important purpose

You still don't understand what a reserved funds is or perhaps, you don't understand the difference between a reserved funds and an emergency funds. A reserved funds is that funds set aside for a primary purpose of buying bitcoin during a good time like the dip or to add during aggressive buys but it does not mean it replaces the DCA strategy. Here, the DCA strategy is allowed to run but in an event of an additional buying opportunities, the reserved funds is used for that purpose.

On the other hand, an emergency funds is that funds which is strictly set aside for the purpose of taking care of emergency situations like natural disasters or health conditions. This is the amount of money that is not allowed to be used for bitcoin investment because it is the safety of your bitcoin in the case of sickness or unexpected situations. In summary, Reserved funds can be applied in buying bitcoin but Emergency funds cannot be used for buying bitcoin.

Your reserve fund isn't necessarily only for buying bitcoin in times like the one you mentioned unless the entire point of your backup funds ends with only your bitcoin investment, let's say you have a family and you are saving up for maybe Christmas so be able to buy them gifts or maybe go out on Christmas Eve, that money can be considered reserved, the difference between it and the emergency fund is that with the emergency fund you don't know what's going to happen so you are preparing for it, with your reserve fund you already know why you are saving it, it can be for buying bitcoin at a favourable time (provided that you are not putting your investment on hold to wait for that time) or it could be for any other reason you want to set up a reserve fund for.

[Solokan]

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.

It's certainly true that quite a few traders are selling their BTC, especially when it dropped to $58000. Many of them are certainly experiencing losses due to panic and fear of running out of money. However, long-term investors in BTC certainly won't panic because they know that BTC's price will potentially rise significantly in the future and continue to reach new highs.

For those with spare funds, this is a good opportunity to buy BTC, as the discounted price will certainly allow us to acquire a large amount of BTC. Using discretionary income will certainly provide comfort. Without discretionary income, it's likely that quite a few people panic and suffer losses when BTC drops, for example, due to buying BTC with borrowed money. but what is certain is that we must have extra patience because it is certainly not easy to hold BTC for the long term because there are definitely temptations, the most severe in my opinion is when the price of BTC rises or BTC makes a new ATH because we might fail to hold BTC for more than 10 years if we sell it even though we get a profit.

[Sunshine1525]

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.

It's certainly true that quite a few traders are selling their BTC, especially when it dropped to $58000. Many of them are certainly experiencing losses due to panic and fear of running out of money. However, long-term investors in BTC certainly won't panic because they know that BTC's price will potentially rise significantly in the future and continue to reach new highs.

For those with spare funds, this is a good opportunity to buy BTC, as the discounted price will certainly allow us to acquire a large amount of BTC. Using discretionary income will certainly provide comfort. Without discretionary income, it's likely that quite a few people panic and suffer losses when BTC drops, for example, due to buying BTC with borrowed money. but what is certain is that we must have extra patience because it is certainly not easy to hold BTC for the long term because there are definitely temptations, the most severe in my opinion is when the price of BTC rises or BTC makes a new ATH because we might fail to hold BTC for more than 10 years if we sell it even though we get a profit.

It's very normal for a trader to panic and sell, their goal is to make profit and when they market falls it cause them to worry since they're losing instead of gaining, some of them are wise enough to apply stop lose (SP) according to traders term but there would still be a little lose and something different from the kind of profit they expected to make.

That's why it's good to use the DCA cause you'll be opportuned to buy it at different discount price, remember that it enables an investor to regularly buy, someone that buys every week would definitely meet buying Bitcoin when it dropped to $65,000 last week and also this week as it's dropped below $60,000 this week. Although people borrow money to invest but it's not a good financial advice or investment advice rather.

[POPOLUV]

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.

The success of Bitcoin is uncertain, in any investment we never get 100% guarantee of success, and in the case of Bitcoin it is no different, the potential of Bitcoin is very good in the long term, but no one can give guarantees. And as a real investor, we have to continue investing based on this possibility. A real investor takes the risk of this uncertainty and then invests with faith in the possible future of Bitcoin. But in the end, we must accept the reality that we will not get guarantees in anything.

I agree that patience is important, but I don't think it's good to focus on how much earlier investors gained compared to those buying today. because that makes Bitcoin sound like a race for returns.

Long term investing shouldn't be about comparing gains.  But about steadily accumulating Bitcoin with DCA using discretionary income and holding for the long term growth . Though every investor starts at a different point, so the focus should be on building and holding his own Bitcoin and not worrying about who made more.

You are absolutely right because once an investor starts developing the habit of comparing gains of those investors that are buying recently, you might be discouraged of consistently and it is totally a bad idea for an investors to compare his Bitcoin journey to that of those investors buying today, when we all knows as an investors that every one will surely arrive at the same ending point of overaccumulation status, if actually we have the same goals of being patient enough with our long term investment, and which buying of Bitcoin doesn't discriminate any investors of starting small, as far as you have your discretionary income available with you.

[Shaponzy]

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.

You are correct. The fact is building a reasonable bitcoin portfolio is not actually about waiting for the perfect opportunity as some folks claimed, the bitcoin success or progresses is normally made by one's habits and mindset towards it, if one developing a habit of purchasing bitcoin with already available discretionary income regularly irrespective of the market price conditions, no matter how the amount may be seen at the beginning, believe you me is the best approach to succeed in bitcoin investment. Then a reasonable investor will also be reallocate any additional cash that comes up,like maybe profits from another own businesses or the person's side hustle or sells of some assets can certainly accelerate his bitcoin accumulation process. But those has to seen as bonuses or an advantages/opportunity to boost your bitcoin accumulation not a perquisites. However delaying purchases due to maybe expecting a huge amounts later may result waisting of time and energy in the market. Despite the occasional buying of bitcoin normally help the investment more faster, but it's better build a sustainable bitcoin accumulation by consistency over time.

[Bigjoe33]

That's why it's good to use the DCA cause you'll be opportuned to buy it at different discount price, to the remember that it enables an investor to regularly buy, someone that buys every week would definitely meet buying Bitcoin when it dropped to $65,000 last week and also this week as it's dropped below $60,000 this week. Although people borrow money to invest but it's not a good financial advice or investment advice rather.

I get your point, but you sound as though the DCA was created to buy Bitcoin only at discount prices or during decline period. Like you mentioned, the DCA allows investors to buy Bitcoin regularly, therefore, wether the price is low, or declining, we just buy, and also, when the price is increases and even keeps increasing, the goal of the DCA is still to ensure that investor keeps buying regardless of the increase. That's why it's always said that the DCA makes investment easier since it allows you to adjust your weekly or monthly buys to suit your available discretionary income, and also allows you to consistently buy Bitcoin at any price without looking at the present price, wether high or even higher. The DCA encourages consistency no matter the market price

[ruykeri]

That is the use of an emergency fund that must be built, so that the investment made will not be disrupted by ultimately making the bitcoin owned must be sold, although it is the right of each individual to sell or not but the fear is that this sale must be done at an inappropriate time that is close to a loss. But with this reserve fund, in my opinion, it can be used to buy bitcoin with a larger amount than usual (if previously making purchases consistently with the amount). For example, when the market is down and we have the thought that it will go up and with full consideration we are also ready for the risk too, so at that time buying a larger amount, then if what is sacrificed is a reserve fund in my opinion it still makes sense but not with emergency funds.

To me, investing in Bitcoin directly with a reserve fund does not seem very logical. The purpose of a backup fund, reserve fund or emergency fund is roughly the same. Which protects Bitcoin from being sold at unexpected times. If the price of Bitcoin seems to be falling and it seems that you have to do a large amount of DCA, then I would say that it may be a good decision to do DCA aggressively from discretionary income. The amount of DCA can be increased but that must be from within discretionary income. This is safer and reduces risk. And if you start with a long-term investment mindset, short-term price fluctuations do not have much impact. An investor's goal should be how to accumulate Bitcoin on a regular basis over a long period of time.

[Different patterns]

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.

I agree with you, This is why no one can prescribe a fixed amount that every investor should follow, because everyone financial situation is different. Most especially over a long period of time like (10 year period) because income can nether increase or decrease, unexpected expenses arise. For that, the amount someone allocate to bitcoin investment today may be different from the amount they can comfortably allocate a few years from now. For that reason the focus should not be on maintaining the exact same level of aggressiveness throughout the entire journey, rather the focus should often be to keep accumulating bitcoin in such a way that remains sustainable through many stages of life. Consistency and is more valuable than forcing a rigid plan. That’s to building a meaningful bitcoin position is the result of many years of discipline accumulation, what really matters is to continue moving forward whenever financial institution allows than feeling that every year must look exactly the same.