Buy Buy Buy or Sell Sell Sell?

[liuka]

It is true that investing in Bitcoin is not a competition. Here it is more important to invest regularly according to  financial situation. And when someone invests in Bitcoin with  loan, it creates more mental stress. Even if one has the ability to repay the loan, I do not support investing in Bitcoin with a loan. It would be more logical if one could do DCA aggressively with the money that would have used as loan repayment. In the case of investing in Bitcoin, the kind of mindset that needs to be maintained to maintain continuity and the way in which fund management will make it possible to continue investing in Bitcoin for the long term should be focused on. Apart from this, thinking about other trading types becomes a cause of loss in the case of investing in Bitcoin.

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

[Sulegzy39]

We must evaluate all variables, not just experience but also financial status. People who are overly ambitious usually strive to make the most profit possible, even if it means borrowing, simply because they observe the rise of bitcoin but do not consider how it will affect our financial situation in the future. This only focuses on one view where they only see bitcoin as a source of profit, but the worst possibility is that they don't pay attention to it because by borrowing they have to be ready with collateral every month and interest that must be faced, the simple thought that is always thought is that maybe they will always be ready to pay.

But for the worst case scenario when they don't get income according to expectations every month, they don't pay attention to this as the work Furthermore, our mentality will be put to the test when we borrow and are unable to pay collateral and interest because cash does not meet expectations, and I believe this is not worth it, let alone for beginners, so those who only consider borrowing as an investment option should reconsider.

[PhilosopherKing]

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

What matter is your have the discretionary income to invest and that the other investment they you are doing doesn't make you to pause your bitcoin accumulation. Bitcoin investment isn't some rocket science that can take away all of your time and energy form doing other things. You can invest and still have time for other things..

[Jody.Drummer]

If you have to borrow money to buy Bitcoin, it means you are not yet able to invest. The Bitcoin market isn't going away, and its value isn't discounted just for today. It's better to be late than to enter with hot money and then be forced to sell at a low price.

Taking a loan to invest in Bitcoin when you are an experience investor seems logical if you have another means of repaying back the loan, but if you are a newbie that is just starting his or her Bitcoin investment, it's absolutely wrong to be starting with a loan money because your lack of experience will be very costly, unlike an experience Bitcoin investor that decided to take a loan to front load his investment when he is sure that he can pay back from another source.
So I agree with your sentiment that if you want to borrow money to start your Bitcoin investment, then it's clear that such person is not ready yet, instead he should try to figure out his discretionary income to start with.

The importance of doing this research and consideration is clear, because as you said if we have a way to pay it with a salary that is a certain amount and a certain time then it makes sense to borrow to buy especially if you can manage everything well but when this happens to beginners yes it is the wrong way because I agree with @reagansimms, It is better to be late than to enter with hot money is true because that is why discretionary funds are the only right budget to invest. I am not sure everyone has a fixed income, but I am sure everyone has the ambition to want the best and basically it must be attempted but not by taking big risks that can be dangerous.

[Felicity_Tide]

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

But for the sake of simplicity, and the need to invest in what you can manage, there might not be a reason to narrow down your investment into too many assets. Of course, putting all your eggs in one basket is often not advisable, but it's even far worse when you have too many baskets of eggs that you can't look after. Ideally, investments, especially that of Bitcoin and a few common ones, should not to be overwhelming, but it's best to keep things as simple as possible because humans are fond of making certain things complex when they're not.

Mind you, shitcoins are not even part of this conversation, so it's not like they're the few common ones I was refering to. If Bitcoin investment happens to be the only thing a person can manage, without complicating things, then it's definitely a good one. But part of the goal should be to never complicate things because things aren't as complicated as they seem.

[Stive009]

We must evaluate all variables, not just experience but also financial status. People who are overly ambitious usually strive to make the most profit possible, even if it means borrowing, simply because they observe the rise of bitcoin but do not consider how it will affect our financial situation in the future. This only focuses on one view where they only see bitcoin as a source of profit, but the worst possibility is that they don't pay attention to it because by borrowing they have to be ready with collateral every month and interest that must be faced, the simple thought that is always thought is that maybe they will always be ready to pay.

But for the worst case scenario when they don't get income according to expectations every month, they don't pay attention to this as the work Furthermore, our mentality will be put to the test when we borrow and are unable to pay collateral and interest because cash does not meet expectations, and I believe this is not worth it, let alone for beginners, so those who only consider borrowing as an investment option should reconsider.

Honestly financial survival matters way more than just being ambitious. I see this mistake constantly. People sit down calculate how much profit they'll make on Bitcoin, but totally forget to ask themselves.Can I actually survive a massive drop or a random emergency? Bitcoin's long-term future looks great, sure. But that won't pay off your real-world bills today, especially if you buy it on borrowed cash.

When you take out a loan, you create a fixed bill every single month. Meanwhile, Bitcoin can crash and stay down for months, or honestly, even years. What happens if you suddenly lose your job or hit a crisis during a brutal bear market? You’ll be forced to panic-sell your Bitcoin at a massive loss just to get the bank off your back. The issue there isn't Bitcoin. It's the debt.

If you are a beginner, please don't borrow. Just use DCA. Take a tiny bit of your extra income every week or month and slowly build up your position. It's so much safer. Investing is supposed to give you peace of mind and secure your future. It definitely shouldn't turn into a source of constant mental stress or force you into making stupid, impulsive moves out of panic. At the end of the day, patience and solid risk management will beat blind ambition every single time

[Marvelockg]

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

As long as what you are doing is not to just split your asset into different things as a means of doing trials and errors, if the finances is available, investing into multiple asset class is not out of place. at the start of your investment, you have to decide if you want to invest in bitcoin or not because investing in bitcoin is not a do or die affairs. with proper planning and the right resource in place, it is possible to have a portfolio that carries bitcoin and other asset but if your portfolio is not robust enough, then it is only better to focus on your bitcoin investment plan and ensure that you are getting the best out of it.

The rate at which you will be profitable in your investment will depend on how much bitcoin you accumulate and even with other asset, if you are holding little in different fold, it will almost look like you are over scattering on your investment. concentration also aids returns of investment.

[Rhow]

It is true that investing in Bitcoin is not a competition. Here it is more important to invest regularly according to  financial situation. And when someone invests in Bitcoin with  loan, it creates more mental stress. Even if one has the ability to repay the loan, I do not support investing in Bitcoin with a loan. It would be more logical if one could do DCA aggressively with the money that would have used as loan repayment. In the case of investing in Bitcoin, the kind of mindset that needs to be maintained to maintain continuity and the way in which fund management will make it possible to continue investing in Bitcoin for the long term should be focused on. Apart from this, thinking about other trading types becomes a cause of loss in the case of investing in Bitcoin.

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

Focus is definitely important in Bitcoin savings. Bitcoin savings require planning, consistency, and discipline. Because thinking about one thing today, seeing the price tomorrow, and then changing plans the next day and thinking about short-term things makes Bitcoin savings quite difficult in the long term.

But I have an objection here that we should forget all the assets and focus only on Bitcoin. Because giving excessive importance to Bitcoin is not the same as locking our entire financial life in one place. So if it is right to focus on Bitcoin, then "forget everything else" can be a very tough decision.

[Solokan]

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

It's true that if you want to invest in btc you need to focus If you don't, there will be times when you won't accumulate BTC or buy btc due to other obstacles However, if you're determined to invest long-term in btc, you'll be strong in your journey to accumulate bitcoin or hold BTC

Yes, this is the era of technology, and we must follow current trends. If we don't, we'll be left behind. So, it's a shame if we don't focus on investing in BTC, as its price will certainly rise significantly in the future However, only discretionary income is appropriate for investing in BTC. In my opinion, investing in other assets is fine, as we shouldn't rely entirely on BTC for future success Investing in BTC also carries risks In my opinion it's better to invest in btc and invest in other things like gold land and others

[johnsaributua]

Focus is definitely important in Bitcoin savings. Bitcoin savings require planning, consistency, and discipline. Because thinking about one thing today, seeing the price tomorrow, and then changing plans the next day and thinking about short-term things makes Bitcoin savings quite difficult in the long term.

It seems that not only Bitcoin requires our focus in doing something, especially regarding planning, of course, in all activities that we do, these two things are needed, especially in saving Bitcoin. I think it is mandatory that we must have it because focus is something that can be more careful in doing it while planning also includes our basic goals in starting to do it towards its goals so that no party does not have focus and planning, let alone having a target. I think it is an obligation for them to apply it in doing it to be able to achieve what the party wants based on their target.

[Crytohillss]

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

As long as what you are doing is not to just split your asset into different things as a means of doing trials and errors, if the finances is available, investing into multiple asset class is not out of place. at the start of your investment, you have to decide if you want to invest in bitcoin or not because investing in bitcoin is not a do or die affairs. with proper planning and the right resource in place, it is possible to have a portfolio that carries bitcoin and other asset but if your portfolio is not robust enough, then it is only better to focus on your bitcoin investment plan and ensure that you are getting the best out of it.

The rate at which you will be profitable in your investment will depend on how much bitcoin you accumulate and even with other asset, if you are holding little in different fold, it will almost look like you are over scattering on your investment. concentration also aids returns of investment.

Diversification only makes sense when it's backed by a clear plan not just purchasing a little of everything hoping something takes off at the same time focusing on one assets like Bitcoin can be a smart move if that's where one have done did his homework and have the most convinction. In the end it's Less about how many assets one own and more about having a good strategy one can stick with consistently.

[Derekfunds]

Investing in bitcoin requires focus, as lack of focus will lead to a halt in our Bitcoin accumulation journey.
We need to manage our time and thoughts, and set aside a portion of our funds to regularly purchase bitcoin as part of our Investment plan for the future.

Without proper planning, Investments will typically be short lived due to a lack of focus and a lack of goals. As a principle of life, we understand that developments change everything. This era is a technological era, and Bitcoin is an asset with immense value due to its superior concept to fiat. Therefore, we must completely forget about investing in other assets and focus on bitcoin for future success.

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

As long as what you are doing is not to just split your asset into different things as a means of doing trials and errors, if the finances is available, investing into multiple asset class is not out of place. at the start of your investment, you have to decide if you want to invest in bitcoin or not because investing in bitcoin is not a do or die affairs. with proper planning and the right resource in place, it is possible to have a portfolio that carries bitcoin and other asset but if your portfolio is not robust enough, then it is only better to focus on your bitcoin investment plan and ensure that you are getting the best out of it.

The rate at which you will be profitable in your investment will depend on how much bitcoin you accumulate and even with other asset, if you are holding little in different fold, it will almost look like you are over scattering on your investment. concentration also aids returns of investment.

Diversification only makes sense when it's backed by a clear plan not just purchasing a little of everything hoping something takes off at the same time focusing on one assets like Bitcoin can be a smart move if that's where one have done did his homework and have the most convinction. In the end it's Less about how many assets one own and more about having a good strategy one can stick with consistently.

In addition, diversification doesn't only make sense when it is backed by clear plan but also when the plan is towards something that is reasonable and worthy of. You can have a clear plan on shit coin but you and I know that, shitcoin is not worthy to diversify into yet you can have a clear plan that is why it is not just about having clear plan but it should be on something that is worthy of it or something that is worth diversifying into.

[Princess Leah]

Diversification only makes sense when it's backed by a clear plan not just purchasing a little of everything hoping something takes off at the same time focusing on one assets like Bitcoin can be a smart move if that's where one have done did his homework and have the most convinction. In the end it's Less about how many assets one own and more about having a good strategy one can stick with consistently.

In addition, diversification doesn't only make sense when it is backed by clear plan but also when the plan is towards something that is reasonable and worthy of. You can have a clear plan on shit coin but you and I know that, shitcoin is not worthy to diversify into yet you can have a clear plan that is why it is not just about having clear plan but it should be on something that is worthy of it or something that is worth diversifying into.

Some people are even yet to reach a good stage of their Bitcoin investment journey yet they choose to diversify into shitcoins instead to focus on managing their Bitcoin investment properly so they'll achieve good result in the future. Diversifying to shitcoins while trying to build a better Bitcoin portfolio would definitely lead to complications.

 If someone has chosen Bitcoin as an investment option then it's best to focus on it, instead of adding distractions in the name of diversifying to shitcoins which is less worthy of giving attention to. It's the kind of things that disrupt investors from achieving their investment goals.

[MusaPk]

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

What matter is your have the discretionary income to invest and that the other investment they you are doing doesn't make you to pause your bitcoin accumulation. Bitcoin investment isn't some rocket science that can take away all of your time and energy form doing other things. You can invest and still have time for other things..

It's best to focus on Bitcoin only instead of investing in other projects for long time. If you keep your attention on Bitcoin and spend time in understanding Bitcoin then that will help you in improving your Bitcoin investment. If you run after too many things at once then chances are that in the end you will get nothing. It's easy to say that Bitcoin investment is easy and everyone can do that but in reality there are many things which we have to look after while we are investing in Bitcoin. The more you invest in Bitcoin, more will be your profit in the future.      

[Futurexxx]

It's best to focus on Bitcoin only instead of investing in other projects for long time. If you keep your attention on Bitcoin and spend time in understanding Bitcoin then that will help you in improving your Bitcoin investment. If you run after too many things at once then chances are that in the end you will get nothing. It's easy to say that Bitcoin investment is easy and everyone can do that but in reality there are many things which we have to look after while we are investing in Bitcoin. The more you invest in Bitcoin, more will be your profit in the future.      

Putting all your focus on several things will make you make mistakes easily, and as a matter of fact, you might crumble along the way while doing it, once you have any challenges financially in the future, that's why it's best to focus on one thing at a time.
And if you are focusing on Bitcoin investment, what you should do is to accumulate consistently until you have gotten to your over accumulation status or closer to it, that is when you can choose to diversify into land or real estate, not by trying to do everything at a time that may likely not work out as planned.

[POPOLUV]

It is important to always put into consideration how to pay back a loan before even planning to go for it. Before an investor can decide to take loan an invest in bitcoin they should have a plan on how they plan to pay this loan outside there bitcoin investment.
Taking loan without having a plan on how to pay back is very dangerous and it is wrong for anybody to take loan with the mindset that they will pay back the loan from profit that there bitcoin investment will generate.
Even with a good source of income, I still consider it a risk for anyone to take loan and then invest it in bitcoin. People should always invest in bitcoin based on there financial situation.

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

There are still investors who borrow from friends and family to front load their bitcoin accumulation i don't see this act as a bad one as long as your hope of paying back your loan doesn't depends your bitcoin investment, already before an investor borrowed money he knows that bitcoin is long time investment the only way that i see it as gambling is when the person is now depending on his bitcoin investment to repay back his loan.

Once you are not contented with the ways your discretionary income come to you and you think that the only option left with you is to borrow money from friends and family's to increase your aggressiveness of buying Bitcoin, my dear you have just taken a wrong step that will destroy your determination, focus, goals and patient to be accumulating in a long term investment, so if you should ask me, i will suggest that as a gambler, don't even think of  borrowing money to empower or bost your buying process, because once you do, you might end up gambling around just to meet up your payments date and which is not good as an investors.

[B-BossMan]

There are advantages with critical thinking, humbleness and willing to learn, and starting out as long as they have discretionary funds.  Of course, they might need to figure out how much to start with, yet most people should already have the skills to figure out balances, even though they may need to practice, start out slowly and then adapt their starting out level to their comfort level.

Some folks have absolutely no experience in investing and/or money management, and other people already have some skills and experiences, so their own assessment of their skills and experiences should help them to figure out starting out size, and let's say that a newbie for sure knows that he has $100 per week that he can use to buy bitcoin, yet maybe based on his being new, he purposefully chooses to start out his investment level at $30 per week until he becomes more comfortable to potentially increase the amount to higher levels as his comfort becomes greater.

I can still tell that there are many newbies that are still facing little challenges on this, as a newbie, knowing how to figure out your financial stability is very paramount. But it's not necessarily till you must figuring out the starting amount before investing, it all depends on the availability of your discretionary income, even In practicing process one can can get to understand how or what exact amounts to be investing either weekly,like $10 or $20 worth of bitcoin depending on the person's financial status.

However, having a mindset of learning while investing gives newbies a hints on how to balance thier status along the line,  moreover, the most important thing newbies should know, is to start with the little amounts of thier discretionary income and when they get comfortable on it,  then they can adjust based on what may feels right to them.

[Bigjoe33]

Investing in bitcoin should not stop person from investing in other long time investment. If person can comfortably invest in bitcoin and other long time investment assets, there is no reason to limit it just one.

What matter is your have the discretionary income to invest and that the other investment they you are doing doesn't make you to pause your bitcoin accumulation. Bitcoin investment isn't some rocket science that can take away all of your time and energy form doing other things. You can invest and still have time for other things..

Sure, one can diversify, but to what end? How much discretionary does one have to keep buying Bitcoin consistently and also investing in order assets? Another question would be, with such diversification, how long will you take to get some tangible Bitcoin in your portfolio? Of course, this will take too much time. Paying more attention to just Bitcoin accumulation at least for beggining will be better and more productive over the years

[Sim_card]

Some people are even yet to reach a good stage of their Bitcoin investment journey yet they choose to diversify into shitcoins instead to focus on managing their Bitcoin investment properly so they'll achieve good result in the future. Diversifying to shitcoins while trying to build a better Bitcoin portfolio would definitely lead to complications.

 If someone has chosen Bitcoin as an investment option then it's best to focus on it, instead of adding distractions in the name of diversifying to shitcoins which is less worthy of giving attention to. It's the kind of things that disrupt investors from achieving their investment goals.

When diversifying, you diversify into a different asset and not an asset of the same line with bitcoin. Shitcoin isn't diversifying because Bitcoin controls it's price and Bitcoin is the best so, it becomes a problem when bitcoin price is down because it means that all your asset will depreciate in value. Shitcoin is gambling don't forget.

If you want to diversify, you diversify into asset of different line like stock, bond, equity and cash equivalents in other to balance your loss in case bitcoin price is down the other one can be doing fine to balance up for you. We diversify in other to preserve the value of your wealth and not because you just want to do it.

You need to have the knowledge on whatever, asset you want to diversify into to avoid losses and regret in the future. If you don't have the knowledge, it's better to focus on building your bitcoin portfolio alone.

[Cgrexp]

I can still tell that there are many newbies that are still facing little challenges on this, as a newbie, knowing how to figure out your financial stability is very paramount. But it's not necessarily till you must figuring out the starting amount before investing, it all depends on the availability of your discretionary income, even In practicing process one can can get to understand how or what exact amounts to be investing either weekly,like $10 or $20 worth of bitcoin depending on the person's financial status.

However, having a mindset of learning while investing gives newbies a hints on how to balance thier status along the line,  moreover, the most important thing newbies should know, is to start with the little amounts of thier discretionary income and when they get comfortable on it,  then they can adjust based on what may feels right to them.

investors should invest according to your income and cash flow. Many people struggle to invest even 10% or more of their income. That is, it can take 5 or more years to invest the equivalent of our 1 year's income. So you should try to be realistic about your capabilities. Bitcoin is an investment that has the potential for huge asymmetric gains. So whatever amount we pursue, it should be within our budget and realistic in implementing responsible and long-term plans, so that we feel comfortable with the habit of regular savings and investment. And as our income increases, it can be a prudent approach to gradually increase the amount.