Buy Buy Buy or Sell Sell Sell?

[Felicity_Tide]

Agreed, if someone sees the opportunity to buy Bitcoin at a low price and sell at a high price, then he is actually trying to beat the market by ignoring the concept of long-term investment. This is where most people make a mistake because they think they can understand the right bottom price and the right top.

A typical case of an investor who thinks he/she can outsmart the market, then ends up suffering losses due to lack of proper investment structure and patience. It literally cost nothing to identify your investment goals and the number of years you're willing to keep investing. I think anyone who has observed the market lately, can easily tell that this tactics of trying to buy and sell won't get an investor anywhere, but would rather get them trapped. A simple long term plan takes this stress away with a potential profits at the end.

But the reality is different because in reality the market does not give anyone such opportunities so easily. The market can probably work more in favor of those who plan for the long term instead of buying and selling.

I guess that's the essence of a long term... It rewards those who don't bother themselves with market volatility that causes changes to market price from time to time.

[Gallar]

If long-term investors focus too much on market observation, they may get frustrated when prices fall and at the same time, they may be tempted to sell when prices rise. The investor should aim to invest in a disciplined manner over a period of time, whether the price falls or rises. If he has a long-term goal, then why would he pay extra attention to falling prices? He is not trading, buying when it falls and selling when it rises. An investor has chosen long-term investment, meaning he will complete at least 1-2 cycles, although everyone's investment is a personal decision. Buying when the price falls is not bad, but can it be seen as an opportunity, meaning that if it faces a decline, it can be bought additionally. However, choosing buying on declines as the main goal or being attracted to the strategy of buying on gradual declines can lead to losses later.

It's true, my friend. Long-term Bitcoin investors don't need to focus too much on price analysis. I don't think it's necessary, as Bitcoin investors' goals are clearly long-term. So, analyzing the current situation before making a purchase isn't particularly useful, I think, unless it's just for fun. Because analyzing takes a lot of time, I think it's better to hone other skills that can create opportunities to make more money.

This is clearly more useful, as our Bitcoin investments will ultimately accumulate larger profits. Therefore, when investing long-term in Bitcoin, don't treat yourself like a trader, as that would be incredibly tiring. It's better to hone your existing skills or focus on your work, as that's clearly more beneficial.

[Solokan]

Buy bitcoin whenever the market falls and try to hold and sell when it raises, this is a lucrative idea to always consider when it comes to having a desired strategy over your investment in Bitcoin, it's also renders you the maximum ability to make profit whenever you invest if you take your time to speculate on the right entry and exit time for your investment in Bitcoin.

Buying when the price drops and selling when the price rises sounds like trading, but if we buy when it's low and sell when it's high, but we hold BTC for more than 10 years, I think it's the right thing to do because it will certainly yield large profits, because it's certainly a long-term holding of BTC. However, if we only hold it for a short time, I think this can be considered trading and certainly not investing.

In my opinion, buying BTC doesn't always have to be when the price drops if you intend to invest long-term. Those who have the potential to gain large profits are those who hold BTC the longest. Of course, even if you buy at a low price, sometimes if you don't hold BTC for the long term, there's the potential to lose profits to those who hold BTC for the long term, even if they don't buy BTC at a low price.

[Jody.Drummer]

If long-term investors focus too much on market observation, they may get frustrated when prices fall and at the same time, they may be tempted to sell when prices rise. The investor should aim to invest in a disciplined manner over a period of time, whether the price falls or rises. If he has a long-term goal, then why would he pay extra attention to falling prices? He is not trading, buying when it falls and selling when it rises. An investor has chosen long-term investment, meaning he will complete at least 1-2 cycles, although everyone's investment is a personal decision. Buying when the price falls is not bad, but can it be seen as an opportunity, meaning that if it faces a decline, it can be bought additionally. However, choosing buying on declines as the main goal or being attracted to the strategy of buying on gradual declines can lead to losses later.

It's true, my friend. Long-term Bitcoin investors don't need to focus too much on price analysis. I don't think it's necessary, as Bitcoin investors' goals are clearly long-term. So, analyzing the current situation before making a purchase isn't particularly useful, I think, unless it's just for fun. Because analyzing takes a lot of time, I think it's better to hone other skills that can create opportunities to make more money.

This is clearly more useful, as our Bitcoin investments will ultimately accumulate larger profits. Therefore, when investing long-term in Bitcoin, don't treat yourself like a trader, as that would be incredibly tiring. It's better to hone your existing skills or focus on your work, as that's clearly more beneficial.

It is useless to constantly monitor prices or focus too much on price analysis. this will only allow us to panic when the price is going down. It's good that we focus more on the accumulation that must remain consistent, moreover, this investment is certainly better done in the long term so we only need to continue to accumulate investments according to our abilities and in accordance with the time that we have set ourselves. And as you said about treating yourself like a trader This is true, investments made with a short term are more like traders instead of investments that make more sense in the long term. Someone who invests by constantly monitoring market prices will feel uneasy because I think they are more focused on short term profits, not long term ones.

[G_Besar]

---

The biggest thing is that investing in a shitcoin does not diversify. Diversifying assets is not a bad thing. But it has to be an asset that can store value like Bitcoin. I would not consider investing in a shitcoin as asset diversification. Because naturally, shitcoins are most often associated with scams, hype, and losses. If you are going to diversify there, you have to remember that just as you lose money when you gamble, the money you think of as an asset will be lost within a few days.

If that's the case, why not just avoid shitcoins altogether rather than constantly remembering the significant risks involved when diversifying into them? In my opinion, if an asset carries a high level of long-term risk, it shouldn't be given too much attention, especially considering its potential is not that great. Therefore, it would be much better if everyone focused solely on Bitcoin and avoided gambling with other assets like shitcoins, as changing market conditions could also send shitcoins plummeting into a deeper abyss. So I would recommend Bitcoin to everyone if it is done for long-term investment purposes and not just for gambling.

[Grease5000]

True! For you to achieve this would require huge experience and information about market conditions. Some people are not ready to gain knowledge in this. Sadly, most investors may fall victim to sell when it's time to buy

You don't need huge experience or deep knowledge of market conditions to avoid that mistake. because no one can perfectly predict the next  direction of the market. What really matters more is having a long term erm plan, investing only using discretionary income and using either the DCA or the lump sum method  depending on you finance. Being consistent and staying disciplined when prices become volatile. In many cases patience beats predict

[Money bag]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

[MusaPk]

A Bitcoin investor can still invest in other businesses aside Bitcoin investment that is diversification, which means buying as much Bitcoin as you can and hold for long term investment, you are consistent in your investment, and also have other business generating income for you, this having multiple source of income can help an investor stay consistent in his investment, it gives an investor hope and the ability to remain unwavering during dip, diversifying is not a bad idea but if you think having all your funds invested in Bitcoin or if you only want to be focused on Bitcoin investment alone that is also valid, like you said everyone has a choice.

I already said that its easier said then done to invest in different businesses and still get profit. If you are diversifying your investment then you are not only splitting your money but you are also splitting your focus. If you are investing in different businesses then you have to focus on every business because there is no area where you only invest and start getting profit straight away. It will take you few months to understand how Bitcoin investment works and after that you will be in better position to adjust your strategy. Diversifying your investment is not a good approach and must be avoided.   

[Hardyrobust]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

The people you just described are traders and they are gambling with bitcoin. Buying bitcoin and holding for a short term with the expectations of making profit by selling When the price goes is very risky and they stand the chance of losing all there money. You should know that it is not easy for anyone to predict how the market will move in the future. So it is wrong to buy bitcoin with the intention of making profit within a short term.

[GoldBitcoin112]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

As a bigginer selling shouldn't be your priority, what you should be thinking is how to accumulate more Bitcoin and not to think about to sell those who are only good to sell is actually when an investor has get to his over accumulation stage, then he can sell just 5 percent of his Bitcoin holdings, but discussing about selling at this tender age is not encouraging, focus more to build your portfolio.

[cxtreenal]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

You sound like you are talking in a trading thread. If you trade you will get scammed or have to wait for bigger losses. Focus on investing and accumulate Bitcoin for the long term. accumulate Bitcoin through discretionary income and you will have a long term focus because instead of planning to keep Bitcoin for a year or two, stay in DCA mode regularly for multiple cycles. Don't be ready to sell until you can complete a full cycle. Instead of holding Bitcoin for sale at a certain price, consider a full cycle or more and do DCA regularly for the duration of discretionary income available.

[ejikeme24]

~snip~

It is important to remember that continuous monitoring of the market becomes a much bigger issue than most people think. Once the investor sees the price growth of a currency, Bitcoin or anything else, the first thing coming to his mind will be something like maybe I should sell now and then buy it later when the price is lower. At times it may work well for him, but the majority of cases end up in the market behavior that does not correspond to the investor's expectations. That is the way most people give up the initial plan of action.

Are you really considering those peanuts they're making as profit? One of the biggest mistakes an investor can make is selling all  their investment with the intention of buying back later at a lower price especially when they have not reach Thier investment target. What if, after selling, the price suddenly surges, What would you do then? You'd likely feel discouraged because the market didn't move the way you expected. Every investor needs to remain disciplined throughout their accumulation journey as it will help you stay focused on your long-term goals and avoid being distracted by opportunities that may seem attractive but are often just temptations in disguise.

[Agbamoni]

Buy bitcoin whenever the market falls and try to hold and sell when it raises, this is a lucrative idea to always consider when it comes to having a desired strategy over your investment in Bitcoin, it's also renders you the maximum ability to make profit whenever you invest if you take your time to speculate on the right entry and exit time for your investment in Bitcoin.

Maybe you haven't been following this thread for long, or you have, but unfortunately your "lucrative idea" isn't an option for most members genuinely investing in Bitcoin on this thread. It sounds more like timing the market and basically trading. Primary investment strategies are not similar to trading strategies. If anyone wants to time the market to buy on dips, that should be a backup strategy for when there is more discretionary income or extra funds, with the mindset of achieving the investment goal faster.

[Barikui1]

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

I don't know why you keep on emphasizing on buying and selling as someone that is trading a commodity, or don't you know that investment in Bitcoin is best suited to buy continuously and hold for a very long period of time?
And since it's an asset that appreciates in value overtime, their is a higher probability of making a fortune from your Bitcoin investment if you can follow up your investment with due diligence, but if you are more concern on how to sell it when you have not gotten to your over accumulation status, just have it at the back of your mind that you are not an investor, instead you are a trader that is more interested in minimal gains than waiting to reap the full dividend of your investment.

[Promocodeudo]

Buy bitcoin whenever the market falls and try to hold and sell when it raises, this is a lucrative idea to always consider when it comes to having a desired strategy over your investment in Bitcoin, it's also renders you the maximum ability to make profit whenever you invest if you take your time to speculate on the right entry and exit time for your investment in Bitcoin.

I believe this is your advice to any intending investor right? If I may ask do you think anyone that does this should be called a real investor or trader perhaps a gambler? Looking at your suggestions thoroughly, your advice is for people to time the market so that they can buy Bitcoin during the dip I guess, then hodl as you said and sell when they are ok with the profit that will be added to what you called hodling right? Mate this advice of yours will end up grooming more traders than real Bitcoin investors because all you said here is just centered on profit only, then what's the purpose for the DCA strategy, the DCA method is already there for anyone to accumulate their Bitcoin little by little as they choose to, then I ask, why should anyone consider buying only during the dip, I think a Bitcoiner that has a plan of hodling for a long-term wouldn't do this rather he'll buy without season with his discretionary income.

[Felicity_Tide]

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

I wonder what your definition of "on time" is, when you can just have an investment timeframe_{(long term)} to work with.
It turns out that a few people are still misunderstanding things. An attempt to buy and sell while constantly monitoring volatility does not make an Investor smart. 'on time' is not a specific time. It's actually a time that is uncertain, and what do you make off things that are uncertain other than the complications they bring at the later end?.

You don't have to complicate things for yourself. An investment of 6 or more years should definitely land you in a very good position where you are free to sell some fractions with out being bothered about volatility. At the completion of that long term plan, I don't think you will be bothered about what's 'on time', and what's not. As long as that long term plan is not close to completion, then the discussion should resolve more around 'how to keep investing going', rather than how to time the market.

[Stive009]

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

I wonder what your definition of "on time" is, when you can just have an investment timeframe_{(long term)} to work with.
It turns out that a few people are still misunderstanding things. An attempt to buy and sell while constantly monitoring volatility does not make an Investor smart. 'on time' is not a specific time. It's actually a time that is uncertain, and what do you make off things that are uncertain other than the complications they bring at the later end?.

You don't have to complicate things for yourself. An investment of 6 or more years should definitely land you in a very good position where you are free to sell some fractions with out being bothered about volatility. At the completion of that long term plan, I don't think you will be bothered about what's 'on time', and what's not. As long as that long term plan is not close to completion, then the discussion should resolve more around 'how to keep investing going', rather than how to time the market.

Your comment is reasonable. For those who can hold Bitcoin for 6 years or more  daily or weekly volatility does not really matter. Staying in the market is more important than timing the market.

Timing the market or finding the right time is actually a kindmoruncertainty. The best way to avoid this complication is DCA. Investing a certain amount of money in Bitcoin every week or every month according to your ability whether the market is up or down. This does not have the tension of price volatility and provides a very good average buying price in the long term. Those who consider Bitcoin a lifechanging asset focus more on how to keep the investment going than when to sell. And the fuel to keep that investment going smoothly is a strong emergency fund and the weapon is disciplined DCA.

[ChocolateBitcoinK]

No my friend, it’s not fine if you’re diversifying into shitcoins, this is a very bad idea. You’re better maintaining your bitcoin accumulation steady and consistently than getting involved with shitcoins which can’t be counted as investment but gambling.

You can’t be encouraging such practices here in order not to deceive newbies and beginners alike.
Everybody can diversify only when you’re able to, you can’t be starting your bitcoin journey and you’re thinking of diversifying, you must have reached your goal before you think of diversifying.

The biggest thing is that investing in a shitcoin does not diversify. Diversifying assets is not a bad thing. But it has to be an asset that can store value like Bitcoin. I would not consider investing in a shitcoin as asset diversification. Because naturally, shitcoins are most often associated with scams, hype, and losses. If you are going to diversify there, you have to remember that just as you lose money when you gamble, the money you think of as an asset will be lost within a few days.

Investing in shitcoins is like gambling, if you look at the history of shitcoins, you can understand that most of these projects put people in harm's way. At first, they seem very tempting, which makes a new investor easily get deeply attracted to them, but what happens in reality? In the end, most people only face more harm by investing in them.

So, do not always invest your hard-earned money in such a place and go to a loss, but rather, you should research it realistically first, does the place you are investing in really have good potential? We have to invest by looking at these possibilities, when you invest in such fake coins only in the hope of high profits, they become like gambling, and most of the time they will only lead you to losses. To survive in investment, you need to be prudent, research the possibilities, risks, all these things first, and only then make an investment decision if there is a possibility. And if we talk about Bitcoin in this regard, then Bitcoin is undoubtedly a high-potential long-term investment.

[Soldroplet]

[Edited Out]

It is useless to constantly monitor prices or focus too much on price analysis. this will only allow us to panic when the price is going down. It's good that we focus more on the accumulation that must remain consistent, moreover, this investment is certainly better done in the long term so we only need to continue to accumulate investments according to our abilities and in accordance with the time that we have set ourselves. And as you said about treating yourself like a trader This is true, investments made with a short term are more like traders instead of investments that make more sense in the long term. Someone who invests by constantly monitoring market prices will feel uneasy because I think they are more focused on short term profits, not long term ones.

One mistake in long-term Bitcoin investing is to focus too much on price monitoring or price analysis. If you buy as many Bitcoins as you can each week with your discretionary income; then even if the price of Bitcoin drops by 10% or rises by 15%, it should not be a reason to change your plan. Also, those who watch the price of Bitcoin sometimes make wrong decisions based on emotion and sometimes wait for the 'right time' to start buying Bitcoin. However, those who pay attention to their budget, cash flow and regular savings and use their discretionary income to invest in Bitcoin using the DCA method, excluding their essential expenses, can gradually build a meaningful Bitcoin collection.
An investor's goal should not be to watch charts or monitor prices repeatedly, but to develop the habit of following their budget and plan over a long period of time, which creates the possibility of accumulating more Bitcoin over time.

[Crytohillss]

In such case many have fall victim , because u need to have a method or a pattern of buying an selling, because many buy an refused to sell it on time,wen you are now ready to sell it in a certain rate, because of the delay the market rate will now be low, that is why we need to understand the market method,so that we will not be a victim.

I wonder what your definition of "on time" is, when you can just have an investment timeframe_{(long term)} to work with.
It turns out that a few people are still misunderstanding things. An attempt to buy and sell while constantly monitoring volatility does not make an Investor smart. 'on time' is not a specific time. It's actually a time that is uncertain, and what do you make off things that are uncertain other than the complications they bring at the later end?.

You don't have to complicate things for yourself. An investment of 6 or more years should definitely land you in a very good position where you are free to sell some fractions with out being bothered about volatility. At the completion of that long term plan, I don't think you will be bothered about what's 'on time', and what's not. As long as that long term plan is not close to completion, then the discussion should resolve more around 'how to keep investing going', rather than how to time the market.

So many individuals focus on observing every move instead of staying invested long enough for compounding to do its job. Having a clear long term to chase the right entry or exit, consistency often beats trying to outsmart every market movement. Patience is one of the most underrated investing skills. A good method followed consistently usually delivers better results than reaction to very market swing.