Buy Buy Buy or Sell Sell Sell?

[Agbam]

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.

Folks who choose to add shitcoins, memecoins and altcoins to their portfolio are not diversifying. They are simply gambling cos you can’t be diversifying to something that doesn’t have sustainable value.

Investors diversify to manage risks, grow and preserve wealth. So diversifying into shitcoins and other coins doesn’t count as one cause the risk increases even further. Diversification is not for every investor.

It is better the normal guy just focuses on his bitcoin accumulation and remain consistent rather than trying to divert efforts into other things until you’ve achieved your bitcoin investment goal.

[Stive009]

All those that wanted to take loan for bitcoin investment are nothing but traders, because a real investor will not go ahead to take a loan for a Bitcoin that will take more than four years of holding. I don't see any necessary thing for someone to take a loan to invest in a Bitcoin where there are many ways in which you can be able to invest without any pressure mountain on you even when the Bitcoin price is high.

I actually agree with you that every funds that will be invested in Bitcoin should be from your discretionary income if really okay you want to have a long time investment, some people are just eager with the price of Bitcoin currently and that alone should not push them to take a very wrong decision that they will regret later.

If people can borrow money to build a startup company that have very high risk of failure then don't you think that someone can actually borrow to invest in Bitcoin? Let us examine the feasibilities, there are government loans that repayment can take up to 5 years after some years of moratorium, in such situation, someone can take such loans to invest in Bitcoin and hold for that 8+ years of the loan and may even begin paying back from other sources before the tenor of the loan so that the entire investment becomes your money. From records, Bitcoin have been very profitable than even most startups, hence the risk in Bitcoin is far lower. I believe that some loans are ideal for Bitcoin investment and anyone who have access to such loan should not be discourage from dreaming big with Bitcoin.

The comparison you made between startups and Bitcoin is really thought-provoking. If you look at the data, most startups fail within the first few years. However, there is a big fundamental difference that we need to keep in mind.
When you take out a loan for a startup, you use that money to run the business yourself, hire employees, or stock products. In other words, you are in control of the entire business. But taking out a loan to invest in Bitcoin means that you are completely putting yourself in the hands of a global market over which you have no control.
Let's give a real example. Suppose your moratorium period (the pause before the installment payments begin) is ending at a time when the Bitcoin market is in a deep recession. On the one hand, the value of your portfolio could drop by 70%, and on the other hand, the mental stress of receiving your bank installment notice every month is impossible for a common man to bear. Under this mental anguish, even the strongest person is forced to panic and sell coins at a loss
Another major risk is the legitimacy of the loan. In most places, government or low-interest loans are given to develop a specific business or agricultural activity. Now, if during an audit it is somehow revealed that Bitcoin was purchased with this money instead of the business, then serious legal complications can arise. Even the bank can demand the full loan back at any moment.

At the end of the day, investing with a loan for ordinary people means imposing an invisible deadline on yourself. Bitcoin does not care about the term of your loan or the date of the bank's installment. When the bank wants its money back, if the market is at its lowest, then you are out of the game. That is why the main strength of survival in Bitcoin is only to invest your own extra money, so that no matter how much the market collapses, your real life or peace of mind is never destroyed.

[alankasman]

...

Talking about the bold words in your statement, I think that it's one of the worst decisions any Bitcoin investor will ever make because when you take a loan to invest in Bitcoin with the hopes of repaying it back once Bitcoin appreciate in value, it shows that their is no proper repayment plan, and if the price of Bitcoin is down and the repayment date is at hand, such person will sell at a loss by force just because he want to pay back the loan he took, which is absolutely wrong.

That is why I believe that it's important that before an experience investor should think of taking a loan to front load his Bitcoin investment, he should be sure that his ability to pay back should not be reliant on the final outcome of his Bitcoin investment, but if you have other means of repaying it back without troubles, then it's not a totally bad idea.

As for newbies investors, they should never consider such regardless of their ability to repay back the loan, instead they should focus more on figuring out their discretionary income to invest with, since it's what they can lose without them falling in deeper shit.

Your idea is quite clear. No one currently repays loans on time as promised. This means it's very risky to invest in Bitcoin solely with borrowed money.

They certainly understand what they're doing with the investment proceeds from loans from other parties and they're overconfident in their ability to repay the loan. They see market movements as sometimes increasing so they boldly borrow from others just to invest believing they'll be able to repay the loan as the market is always rising. In my opinion there's no need to overthink market movements. Sometimes just after we've finished accumulating the market price immediately declines for several months. So, how do we make timely payments while the market is heading downward? This is something we must be wary of when investing. It's best not to invest if we don't have the income or discretionary funds to rely on.

They need to first consider their ability to repay or repay their loans. If they feel unable to do so, it's better not to borrow. It's even better not to invest because investing with loan proceeds is a disaster for those who do so. Therefore I believe there are many other ways if they really want to invest in Bitcoin not necessarily through loans. They need to be aware that market movements are not yet very stable and are always changing.

For them what you said is more accurate because it is better for them to have income that they can rely on so that when they invest they only need to think about the knowledge they need to have while they are involved in investing because if they only do it without getting involved there is no need for that kind of thinking and it is better for them to do it when they already have discretionary funds while doing it they will definitely get knowledge about the right way to invest in Bitcoin.

[Joeboy]

~snip~

If people can borrow money to build a startup company that have very high risk of failure then don't you think that someone can actually borrow to invest in Bitcoin? Let us examine the feasibilities, there are government loans that repayment can take up to 5 years after some years of moratorium, in such situation, someone can take such loans to invest in Bitcoin and hold for that 8+ years of the loan and may even begin paying back from other sources before the tenor of the loan so that the entire investment becomes your money. From records, Bitcoin have been very profitable than even most startups, hence the risk in Bitcoin is far lower. I believe that some loans are ideal for Bitcoin investment and anyone who have access to such loan should not be discourage from dreaming big with Bitcoin.

Starting up a company and investing in Bitcoin are two different things entirely..  Companies/or business owners have some level of control over things like prices, marketing and whatnot... But this ain't like that in Bitcoin, In Bitcoin investors cannot predict talk of less of even ascertaining the price direction..They both have different risk percentage..One who is just kickstarting their investments journey should not concern themselves with investing with loan otherwise they are simply just gamblers because at that point they are yet to get the experience to understand that Bitcoin is a volatile asset that don't give quick result.. Infact many start up investor may not even have the experience to mange the psychological pressure that mostly comes with loans..
So new investors should first build the habit of investing with their discretionary income..

[Charcol]

That's for sure, majority are only interested in the positive impact of taking loan in other to be able to utilise opportunities that the market offers, but they failed or ignored the risk that comes with taking loan and to invest in bitcoin. Risk management should be of paramount to investors rather than trying to seize opportunities that is being offered by the market by going for a loan without taking into cognizance the risk that comes with such an action. For me investor should stick with investing with there discretionary income and they should shun the idea of wanting to take loan.

All those that wanted to take loan for bitcoin investment are nothing but traders, because a real investor will not go ahead to take a loan for a Bitcoin that will take more than four years of holding. I don't see any necessary thing for someone to take a loan to invest in a Bitcoin where there are many ways in which you can be able to invest without any pressure mountain on you even when the Bitcoin price is high.

That is the most obvious difference between a Trader and an Investor. Traders want to make profits in a short time, while investors think about "how to avoid bankruptcy in the next 10 years".
Relying on borrowed money to allocate to Bitcoin is the first step of a mistake that someone makes because the Timeframe is not suitable, borrowed money has a maturity date. At least, it takes 4 years to ensure no loss in Bitcoin (1 halving cycle). It is very unreasonable to borrow money for 1 year to put it in a safe asset in the fourth year, it is clear that the logic does not connect because this action is the same as borrowing an umbrella for 1 hour in the dry season.

There are actually many ways to invest in Bitcoin without stress, get used to DCA even if the amount is small, sell idle assets and apply most of the bonuses from the workplace to increase the purchase amount. True investors prioritize patience and avoid too much drama when investing. They don't show off 100x leverage. What they show off is "I've been doing DCA for 5 years and never broke my emergency fund."

You are a little wrong here. It is not that if you hold it for 4 years, there will be no loss. Your statement has become overly certain. Don't forget that even though Bitcoin is a strong asset in the long term, if we hold it for a certain cycle, we will not lose, the market never gives such a guarantee. How well you can be in a good position depends on whether you are buying with discretionary income, whether you are planning for the long term by keeping emergency funds, whether you are able to make decisions without buying emotionally when DIP comes, and these are all things. If you consider these things, then your situation may be better. Bitcoin is not always about avoiding loss or thinking about profit, but how much you can save gradually in a controlled manner. Profit may come but that will come later. Again, if you do not hold a certain cycle, loss cannot be avoided, this may also be a misconception.

[Halifat]

All those that wanted to take loan for bitcoin investment are nothing but traders, because a real investor will not go ahead to take a loan for a Bitcoin that will take more than four years of holding. I don't see any necessary thing for someone to take a loan to invest in a Bitcoin where there are many ways in which you can be able to invest without any pressure mountain on you even when the Bitcoin price is high.

I actually agree with you that every funds that will be invested in Bitcoin should be from your discretionary income if really okay you want to have a long time investment, some people are just eager with the price of Bitcoin currently and that alone should not push them to take a very wrong decision that they will regret later.

If people can borrow money to build a startup company that have very high risk of failure then don't you think that someone can actually borrow to invest in Bitcoin? Let us examine the feasibilities, there are government loans that repayment can take up to 5 years after some years of moratorium, in such situation, someone can take such loans to invest in Bitcoin and hold for that 8+ years of the loan and may even begin paying back from other sources before the tenor of the loan so that the entire investment becomes your money. From records, Bitcoin have been very profitable than even most startups, hence the risk in Bitcoin is far lower. I believe that some loans are ideal for Bitcoin investment and anyone who have access to such loan should not be discourage from dreaming big with Bitcoin.

Do you actually know the kind of investment you want to go for that your encouraging borrowing to invest, the comparison you are doing is not the same at all because they are going in a different direction which is why they cannot be handled the same way. I don't know for other nations but in my own community I have never come across this type of loan for an individual, based on my knowledge it is actually meant for the government of the Nation.

Let just assume individual can have access to this kind of loans, despite that I will not encourage anyone to take loan to invest in Bitcoin, this is actually a trap that you will never be out from if you take this decision, what will you be doing for almost 5 years to start repaying loan. I think the best way for any investors to do is to use DCA method to accumulate bitcoin instead of thinking of taking loan.

[Gallar]

That's clearly better and more sustainable for the future. Bitcoin is fundamentally a very strong asset. So, if you invest in Bitcoin, even with a small amount, I'm sure the results will be very good if combined with consistent DCA. Therefore, if we have small capital, it's better to invest it all in Bitcoin, as that's clearly better, rather than investing in multiple assets.

You need your discretionary income to invest into bitcoin and not capital because it's not every funds that can be put into bitcoin. You have to make sure you're using only your discretionary income to invest so that, you can continue buying consistently and hodli till you reach your bitcoin target.

If you buy with money that's not your discretionary income, you will end up selling it at loss if the price is below your entry point. Figure out your discretionary income first and if you don't have any don't buy bitcoin till you have.

What I mean by capital is clearly discretionary funds, my friend. Because, essentially, it can also be considered capital, and discretionary funds are the contents of that capital. Because I understand this, especially regarding discretionary funds. Investing in Bitcoin using non-discretionary funds is clearly unsafe and full of risks. So, basically, I share your assumptions, but you misunderstand and perhaps don't understand what I mean by the capital I mentioned.

Furthermore, I also agree with you that it's better not to buy Bitcoin if you don't have discretionary funds. Because that is clearly detrimental to the sustainability of our Bitcoin investment. Discretionary funds are clearly the most important capital and should not be underestimated. Because if we underestimate this and invest in Bitcoin with any funds, it's certain that sooner or later, our Bitcoin investment will go awry.

[Soldroplet]

[Edited Out]

Do you actually know the kind of investment you want to go for that your encouraging borrowing to invest, the comparison you are doing is not the same at all because they are going in a different direction which is why they cannot be handled the same way. I don't know for other nations but in my own community I have never come across this type of loan for an individual, based on my knowledge it is actually meant for the government of the Nation.

Let just assume individual can have access to this kind of loans, despite that I will not encourage anyone to take loan to invest in Bitcoin, this is actually a trap that you will never be out from if you take this decision, what will you be doing for almost 5 years to start repaying loan. I think the best way for any investors to do is to use DCA method to accumulate bitcoin instead of thinking of taking loan.

Taking out a loan to invest in Bitcoin is not consistent with a long-term investment philosophy. Loans are like spending your future income in advance, and the pressure of paying off your loan can weaken an investor's patience. It is not impossible for the price of Bitcoin to fall by 50-60% in the short term, but the loan installments will never fall with the market. Then many people may be forced to sell Bitcoin at a loss, that is, become forced sellers. I think this is the biggest risk in long-term Bitcoin investments.
Bitcoin should be purchased from discretionary income, that is, with the money left over after ensuring necessary expenses, cash flow, and the necessary backup/emergency fund. This does not create unnecessary stress due to market fluctuations and makes it easier to invest in Bitcoin using the DCA method. Many people may have such a strong financial situation that they will never be forced to sell even with a loan. But this is not a strategy to follow for the average investor.
In my opinion, it is safer and more practical to invest in Bitcoin according to your own ability using the DCA- method rather than buying a large amount of Bitcoin at once with a loan. The goal should not be to acquire a large amount of Bitcoin as quickly as possible, but rather to accumulate Bitcoin in such a way that under no circumstances is it necessary to sell Bitcoin against your will.

[Derekfunds]

That's for sure, majority are only interested in the positive impact of taking loan in other to be able to utilise opportunities that the market offers, but they failed or ignored the risk that comes with taking loan and to invest in bitcoin. Risk management should be of paramount to investors rather than trying to seize opportunities that is being offered by the market by going for a loan without taking into cognizance the risk that comes with such an action. For me investor should stick with investing with there discretionary income and they should shun the idea of wanting to take loan.

All those that wanted to take loan for bitcoin investment are nothing but traders, because a real investor will not go ahead to take a loan for a Bitcoin that will take more than four years of holding. I don't see any necessary thing for someone to take a loan to invest in a Bitcoin where there are many ways in which you can be able to invest without any pressure mountain on you even when the Bitcoin price is high.

That is the most obvious difference between a Trader and an Investor. Traders want to make profits in a short time, while investors think about "how to avoid bankruptcy in the next 10 years".
Relying on borrowed money to allocate to Bitcoin is the first step of a mistake that someone makes because the Timeframe is not suitable, borrowed money has a maturity date. At least, it takes 4 years to ensure no loss in Bitcoin (1 halving cycle). It is very unreasonable to borrow money for 1 year to put it in a safe asset in the fourth year, it is clear that the logic does not connect because this action is the same as borrowing an umbrella for 1 hour in the dry season.

There are actually many ways to invest in Bitcoin without stress, get used to DCA even if the amount is small, sell idle assets and apply most of the bonuses from the workplace to increase the purchase amount. True investors prioritize patience and avoid too much drama when investing. They don't show off 100x leverage. What they show off is "I've been doing DCA for 5 years and never broke my emergency fund."

You are a little wrong here. It is not that if you hold it for 4 years, there will be no loss. Your statement has become overly certain. Don't forget that even though Bitcoin is a strong asset in the long term, if we hold it for a certain cycle, we will not lose, the market never gives such a guarantee. How well you can be in a good position depends on whether you are buying with discretionary income, whether you are planning for the long term by keeping emergency funds, whether you are able to make decisions without buying emotionally when DIP comes, and these are all things. If you consider these things, then your situation may be better. Bitcoin is not always about avoiding loss or thinking about profit, but how much you can save gradually in a controlled manner. Profit may come but that will come later. Again, if you do not hold a certain cycle, loss cannot be avoided, this may also be a misconception.

The reason we are advise to use discretionary income already means we are trying to be safe in Bitcoin investment which is the same thing as avoiding loss in the sense that if we use money we can not afford to let go, once there is drop down in the market, there will be panicking and sometimes selling because of the wrong approach and the wrong mentality. However, no one is investing in Bitcoin not get something tangible in the future that is not true anyone who claims to do that is wrong and I will say the person doesn't know what he or she is doing.

[Finebone]

The reason we are advise to use discretionary income already means we are trying to be safe in Bitcoin investment which is the same thing as avoiding loss in the sense that if we use money we can not afford to let go, once there is drop down in the market, there will be panicking and sometimes selling because of the wrong approach and the wrong mentality. However, no one is investing in Bitcoin not get something tangible in the future that is not true anyone who claims to do that is wrong and I will say the person doesn't know what he or she is doing.

Am struggling to understand what you are saying here, but with the few things I can understand is when you are talking about the main reason we are adviced to invest in bitcoin from our discretionary income, but I don't think you are explaining it to a lay man understanding, but to address that properly, the main we invest from our discretionary income is for security, emotionally and financially. So that if our investment did not later go as planned, we are not going to be too affected financially or emotionally.

In addition, when the market is seriously down, we are not going to act with emotions, since it's a fund we can afford to lose, but when you invest with what you cannot afford to lose, reacting negatively is inevitable.

[Rockson1]

If people can borrow money to build a startup company that have very high risk of failure then don't you think that someone can actually borrow to invest in Bitcoin? Let us examine the feasibilities, there are government loans that repayment can take up to 5 years after some years of moratorium, in such situation, someone can take such loans to invest in Bitcoin and hold for that 8+ years of the loan and may even begin paying back from other sources before the tenor of the loan so that the entire investment becomes your money. From records, Bitcoin have been very profitable than even most startups, hence the risk in Bitcoin is far lower. I believe that some loans are ideal for Bitcoin investment and anyone who have access to such loan should not be discourage from dreaming big with Bitcoin.

Why is some people misunderstanding this things, for me newbies should not have anything to do with loan for the purpose of investing in Bitcoin, the reasons are clear, the do not have much knowledge to handle things at that early stage of their Bitcoin investment, so their major concern should be how to invest with their discreationary income consistently with the DCA method, I think accessing loan to invest in Bitcoin should be done by those that been part of the investment for awhile, I mean those that have been investing in bitcon that has plans made to repay their loan whether weekly or monthly based on the agreement they reached with the loan facility and the must know that Bitcoin investment is for a long-term and should not have in mind to repay their loan from their hodling, if not, they will get it wrong.

[BluebloodCXVI]

I said, if there’s a dip recent dip and a guy is determined to utilize the dip, as the opportunity to accumulate more Bitcoin at a lesser price, but he doesn’t have enough cash at his disposition to buy Bitcoin for the main time, taking an amount of loan he knows it’s within he’s capacity of paying back is an option to utilize.

Before you quote me wrong again, I said, as long as it’s within his capability of paying back the loan

Buying the Dip is not a justification for people to be taking loans or borrowing money to invest in a volatile asset like bitcoin.

You are not even sure whether the market price has hit the final bottom or if it’s still gonna fall; you might be thinking you are buying the dip and then boom the price drops again.
And don’t even get me started with that “Within his capacity” line.

What if something happens along the line?. Real life is not predictable buddy but a person’s debts will still remain there waiting for them regardless of whatever circumstances that may befall them during that period.

If you don’t have money to buy a dip when it comes, no need to put pressure on yourself. It is better to continue using your regular investment capital to do your DCA or whatever strategy you’re using instead of introducing debts into the equation.

[Ruttoshi]

You are a little wrong here. It is not that if you hold it for 4 years, there will be no loss. Your statement has become overly certain. Don't forget that even though Bitcoin is a strong asset in the long term, if we hold it for a certain cycle, we will not lose, the market never gives such a guarantee. How well you can be in a good position depends on whether you are buying with discretionary income, whether you are planning for the long term by keeping emergency funds, whether you are able to make decisions without buying emotionally when DIP comes, and these are all things. If you consider these things, then your situation may be better. Bitcoin is not always about avoiding loss or thinking about profit, but how much you can save gradually in a controlled manner. Profit may come but that will come later. Again, if you do not hold a certain cycle, loss cannot be avoided, this may also be a misconception.

We are investing into bitcoin and holdi for long term to limit the risk attached to bitcoin volatile nature which is losses. This is still the same reason why you're advice not to invest in short term to prevent you from losses when there's a dip so that, you don't panic and sell.

As for me, I'm trying all my possible best to avoid losses as I top up my bitcoin investment weekly and that's why we need our emergency funds and other backup funds in our long term bitcoin investment. However, as long as bitcoin price keeps increasing overtime, long term holders will always be in profit only if bitcoin price moves downtrend which I know that the odd of that happening is lower than it moving uptrend.

It's good you don't put profit in mind when accumulating bitcoin in order to stay focus and reach your bitcoin target but if you don't put losses in mind, you might choose to invest any how without considering the consequences of your actions that it will lead to loss. I am always cautious taking any action that will jeopardize with my bitcoin investment that will lead to regrets in the future.

This is why as a long term bitcoin investor, it's good to learn financial management as you are investing in order to assign the right funds for the right purpose. Why do you think that people are advice not to trade because you will run at loss in the long run since it's gambling. It's your duty to prevent your bitcoin investment from losses in order to put you in a better position financially in future.

[Primark]

That's for sure, majority are only interested in the positive impact of taking loan in other to be able to utilise opportunities that the market offers, but they failed or ignored the risk that comes with taking loan and to invest in bitcoin. Risk management should be of paramount to investors rather than trying to seize opportunities that is being offered by the market by going for a loan without taking into cognizance the risk that comes with such an action. For me investor should stick with investing with there discretionary income and they should shun the idea of wanting to take loan.

All those that wanted to take loan for bitcoin investment are nothing but traders, because a real investor will not go ahead to take a loan for a Bitcoin that will take more than four years of holding. I don't see any necessary thing for someone to take a loan to invest in a Bitcoin where there are many ways in which you can be able to invest without any pressure mountain on you even when the Bitcoin price is high.

That is the most obvious difference between a Trader and an Investor. Traders want to make profits in a short time, while investors think about "how to avoid bankruptcy in the next 10 years".
Relying on borrowed money to allocate to Bitcoin is the first step of a mistake that someone makes because the Timeframe is not suitable, borrowed money has a maturity date. At least, it takes 4 years to ensure no loss in Bitcoin (1 halving cycle). It is very unreasonable to borrow money for 1 year to put it in a safe asset in the fourth year, it is clear that the logic does not connect because this action is the same as borrowing an umbrella for 1 hour in the dry season.

There are actually many ways to invest in Bitcoin without stress, get used to DCA even if the amount is small, sell idle assets and apply most of the bonuses from the workplace to increase the purchase amount. True investors prioritize patience and avoid too much drama when investing. They don't show off 100x leverage. What they show off is "I've been doing DCA for 5 years and never broke my emergency fund."

You are a little wrong here. It is not that if you hold it for 4 years, there will be no loss. Your statement has become overly certain. Don't forget that even though Bitcoin is a strong asset in the long term, if we hold it for a certain cycle, we will not lose, the market never gives such a guarantee. How well you can be in a good position depends on whether you are buying with discretionary income, whether you are planning for the long term by keeping emergency funds, whether you are able to make decisions without buying emotionally when DIP comes, and these are all things. If you consider these things, then your situation may be better. Bitcoin is not always about avoiding loss or thinking about profit, but how much you can save gradually in a controlled manner. Profit may come but that will come later. Again, if you do not hold a certain cycle, loss cannot be avoided, this may also be a misconception.

The reason we are advise to use discretionary income already means we are trying to be safe in Bitcoin investment which is the same thing as avoiding loss in the sense that if we use money we can not afford to let go, once there is drop down in the market, there will be panicking and sometimes selling because of the wrong approach and the wrong mentality. However, no one is investing in Bitcoin not get something tangible in the future that is not true anyone who claims to do that is wrong and I will say the person doesn't know what he or she is doing.

You may have understood the importance of discretionary income correctly, but you have confused the term "loss avoidance". When you buy Bitcoin with your discretionary income, you can reduce the possibility of selling quickly under pressure, but that does not guarantee that you will not suffer a market loss. Because we do not know when the market will go. We must see Bitcoin as a long-term asset. Even those who have been patient in the past have been in a good position many times, but here too it is difficult to guarantee. So I think the main thing should be to keep our own cashflow in order, build an emergency fund along with investments, and invest with money that will not destroy your lifestyle even if you lose it.

[Gost ms]

I said, if there’s a dip recent dip and a guy is determined to utilize the dip, as the opportunity to accumulate more Bitcoin at a lesser price, but he doesn’t have enough cash at his disposition to buy Bitcoin for the main time, taking an amount of loan he knows it’s within he’s capacity of paying back is an option to utilize.

Before you quote me wrong again, I said, as long as it’s within his capability of paying back the loan

Buying the Dip is not a justification for people to be taking loans or borrowing money to invest in a volatile asset like bitcoin.

You are not even sure whether the market price has hit the final bottom or if it’s still gonna fall; you might be thinking you are buying the dip and then boom the price drops again.
And don’t even get me started with that “Within his capacity” line.

What if something happens along the line?. Real life is not predictable buddy but a person’s debts will still remain there waiting for them regardless of whatever circumstances that may befall them during that period.

If you don’t have money to buy a dip when it comes, no need to put pressure on yourself. It is better to continue using your regular investment capital to do your DCA or whatever strategy you’re using instead of introducing debts into the equation.

If a person has the ability to repay the loan and if he is not willing to repay the loan by making a profit from the investment and if he takes a loan based on his financial situation, then he can definitely invest with a loan. However, if a person takes a loan without depending on his financial situation and depends on Bitcoin to repay the loan, it will not be a right decision for all these people to invest with a loan. If a person invests with a loan in such a situation, then he has become involved in gambling. We should always pay attention to our own safety, so that we do not put our investment at risk due to any kind of wrong decision.

[SmartCharpa]

I'll always be a little cautious about taking out a loan. Because the loan itself is not considered discretionary income. Rather, a loan generally creates a debt against your future earnings. Even if you have a loan repayment plan, a loan can put a strain on your investment. You are probably aware that no one can predict when the price of Bitcoin will rise or fall. On the other side, the time to repay the debt is not delayed.

So, regardless of how much you intend to repay the loan, there is still some danger. It can be especially dangerous to take out a loan in the hopes of getting a speedy outcome. Because perhaps his strategy is that if the price rises, he will sell it to repay the loan. This is one of the major hazards in the savings process. I'm not claiming that loans are absolutely harmful for everyone. However, we can make decisions after evaluating all options.

Only those who do not value their money or want peace of mind will ever take a loan to invest in Bitcoin. It sounds as if they have control over the market and already know what the market might be tomorrow, otherwise anybody who values their money would never think of buying Bitcoin with borrowed funds. Even those who cannot set aside discretionary income from their income, it’s not advisable for them to invest since they will end up using money for other expenses.

Taking a loan to invest is the worst thing an investor can ever do. Profit is not guaranteed in Bitcoin, not to mention taking a loan to invest, what if the market does not go the way we expect tomorrow? How can the person pay back the loan they used to invest? It’s very wrong to borrow and invest, and I will never encourage anyone to take a loan and invest.

[GeorgeJohn]

If a person has the ability to repay the loan and if he is not willing to repay the loan by making a profit from the investment and if he takes a loan based on his financial situation, then he can definitely invest with a loan.

Investing with a loan have advantages and disadvantages, the advantages is when you make a profit and also when you know the right time to invest..why the disadvantages, is that if you lose you will repay the loan from another source that will give you funds to repay your loan...

However, if a person takes a loan without depending on his financial situation and depends on Bitcoin to repay the loan,

If you took a loan to invest in bitcoin, and eventually you make a profit during the time you invested in Bitcoin, you will repay your loan safely..Depending on bitcoin to pay your loan is risk, but theirs every tendency that your dreams to repay with bitcoin can come to reality..

it will not be a right decision for all these people to invest with a loan. If a person invests with a loan in such a situation, then he has become involved in gambling. We should always pay attention to our own safety, so that we do not put our investment at risk due to any kind of wrong decision.

Actually it's not encouraging for someone to use a loan and invest..but if the person is lucky it can make it through loan he took to invest..besides, most of the entrepreneurs took a loan to establish their business, but it depends the kind of business you wants to goes in with the investment..it's not really bad to use loan and invest for what that will uplift you.

[Mr_Brilliant$]

I'll always be a little cautious about taking out a loan. Because the loan itself is not considered discretionary income. Rather, a loan generally creates a debt against your future earnings. Even if you have a loan repayment plan, a loan can put a strain on your investment. You are probably aware that no one can predict when the price of Bitcoin will rise or fall. On the other side, the time to repay the debt is not delayed.

So, regardless of how much you intend to repay the loan, there is still some danger. It can be especially dangerous to take out a loan in the hopes of getting a speedy outcome. Because perhaps his strategy is that if the price rises, he will sell it to repay the loan. This is one of the major hazards in the savings process. I'm not claiming that loans are absolutely harmful for everyone. However, we can make decisions after evaluating all options.

Loan always comes with pressure because the repayment date stays the same, even if the market does not go your way..
That is why i will say anyone thinking of borrowing to invest in Bitcoin should try have a stable income and a solid repayment plan that does not depend on Bitcoin pumping. Or better still just stay away. Taking a loan just to chase quick profits is where the biggest risk comes in..

[Crytohillss]

~snip~

If people can borrow money to build a startup company that have very high risk of failure then don't you think that someone can actually borrow to invest in Bitcoin? Let us examine the feasibilities, there are government loans that repayment can take up to 5 years after some years of moratorium, in such situation, someone can take such loans to invest in Bitcoin and hold for that 8+ years of the loan and may even begin paying back from other sources before the tenor of the loan so that the entire investment becomes your money. From records, Bitcoin have been very profitable than even most startups, hence the risk in Bitcoin is far lower. I believe that some loans are ideal for Bitcoin investment and anyone who have access to such loan should not be discourage from dreaming big with Bitcoin.

Starting up a company and investing in Bitcoin are two different things entirely..  Companies/or business owners have some level of control over things like prices, marketing and whatnot... But this ain't like that in Bitcoin, In Bitcoin investors cannot predict talk of less of even ascertaining the price direction..They both have different risk percentage..One who is just kickstarting their investments journey should not concern themselves with investing with loan otherwise they are simply just gamblers because at that point they are yet to get the experience to understand that Bitcoin is a volatile asset that don't give quick result.. Infact many start up investor may not even have the experience to mange the psychological pressure that mostly comes with loans..
So new investors should first build the habit of investing with their discretionary income..

A lot of people underestimate the emotional pressure that comes with investing borrowed money. Beginning with what one can comfortably afford is a much healthier approach especially when one are still learning. Bitcoin can be rewarding in the long term run but using a loan to invest , especially as a started , adds unnecessarily pressure it's better to gain experience first before taking Big risk. Investing isn't just about making gains it's also about managing risk and emotions using your disposable income gives one room to learn without putting your self under financial stress.

[whiteblue]

100 weeks is about 2 years.

Are you trying to proclaim that you @whiteblue have only been accumulating bitcoin for less than 2 years even though you have a forum registration date that goes back to June 2014?

There are a lot of guys who are still in their early bitcoin accumulation stages, and for sure they should not be fucking around with strategies that might impair their ongoing bitcoin accumulation.

There have been many times in bitcoin's history where guys were calling for significantly lower bitcoin prices by a certain date, and those predictions ended up being incorrect.  I doubt that guys in their bitcoin accumulation phase are advantaged by waiting rather than ongoingly buying bitcoin, especially when we cannot know whether such a dip will happen in terms of either the extent or the timeline. 

There are some guys who will DCA with a portion of their available money, such as 80% and then they will just hold off on the other portion, such as 20%, and then the 20% is building up with the passage of time, so they are still left with a bit of a dilemma regarding under what circumstances to deploy the part that had been building up. 

These are not easy choices, which may be part of the reason that many guys in their early accumulation stage remain focused on ongoing accumulation and buying of bitcoin rather than trying to figure out whether or not dips are going to happen, and if the dips end up happening, then they just continue to buy within their DCA budget, whether those DCA buys are weekly or on some other timeline.  I personally like weekly buys, yet even with weekly buys it still can be difficult to time dips, even if guys might manually deploy weekly buys and try to identify dips within each of the weekly buys.

Yes, that's how it is, Sir. In the past, there have been many mistakes, Both unintentional and intentional, that led me to sell my Bitcoin, and I deeply regret that poor decision at the time.

Wrong decisions are usually driven by existing profits, so I never expected Bitcoin to reach this level. In my country, there was a lot of news that Bitcoin was a scam, so we made the wrong decision by cashing in. and at that time, We still have minimal knowledge about Bitcoin.

I'm not ashamed to share this because mistakes are the best experience, Allowing us to learn how to Invest as best as possible without making any intentional or unintentional mistakes.