Buy Buy Buy or Sell Sell Sell?

[Humblevirus]

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.

This idea is for traders, not for investors. It is never a good idea for an investor to just wait for the Bitcoin price to drop before buying. It is simply a waste of time because nobody knows when the price will fall.The best approach is to start buying as long as you have discretionary funds. The best strategy is the DCA  method, which involves buying regularly, whether weekly or monthly.This strategy helps you avoid missing opportunities because it is very possible that the Bitcoin price will never drop to the target price someone has in mind. In that case, the person could end up waiting forever without buying any Bitcoin.Therefore, it is a wrong idea for an investor to keep waiting for the Bitcoin price to drop before buying. That is a trader's mindset, and many people who follow it end up regretting their decision and losing money.

[samadam007]

The more you worry about Bitcoin investment, the more secure you will be in moving forward with Bitcoin investment. So to be careful about Bitcoin investment, you must be wise. If every person gains knowledge about Bitcoin, then they will definitely be successful, but you should not wait to gain knowledge at all.
You have money, you can invest and as you move forward with Bitcoin investment, you will have the opportunity to gain extensive knowledge about it. In this situation, only patient people can make the best plan, because they are investing in Bitcoin continuously, so they are never afraid and will be able to hold their world to the future.

When talking about BTC investment, you don’t use "definitely successful" cos it gives unrealistic expectations.
Worrying more does not make someone a better investor; too much worry can even lead to emotional decisions. What helps is learning, having a plan, managing risk and investing within your means.

Saying those that gain knowledge will "definitely" succeed is wrong. We can’t even know it all that’s the truth cos BTC is very broad. Basic knowledge can only help folk make better decisions, but it does not guarantee profits. Even experienced investors can make mistakes

[Showlove01]

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.

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

[Obulis]

If someone invests 10% of their income in Bitcoin, it will take them 10 years to invest the same amount in one year, not in 5 years. And if an investor has the ability to have more discretionary income, then he should invest 25% of his income, which must come from discretionary income.

I think that investing in Bitcoin with a percentage of your income is wrong because that's not the ideal way to go, instead you should take care of your basic needs first, then whatever that is left is what you should invest with, because even though you have a large income coming in, you might still have challenges in if you take out 10-25% of your income, when you have not addressed your basic needs first, since their is a high chance that our basic needs might go higher when our income improves, so it's just a matter of time that any investor that decided to take out a percentage of his income to invest before addressing his needs will likely run into trouble sooner or later.

So far saltysugar99 didn't even give a clear view of what is being pointed at. Talking about investing certain percentage (10%) of income in Bitcoin and at the same time talking about investing from discretionary funds very confusing. If it is to invest a certain percentage of income then some investors who are hodling Bitcoin may not have been able to because they maybe investing more than they can afford to lose but even if they won't be investing more than they can afford to lose the right thing has been to decipher your discretionary funds by doing need assessment and investing from the deciphered discretionary funds.

[icebar]

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

Watching the price is not a bad thing as long as that price is influencing your plan. For example, if you plan to hold for 4-10 years or more and watch the price every day, there is no problem. But if you sell out of fear when the price drops by 20% or get greedy after seeing the profit, then watching the price is influencing your plan. In that case, watching the price can often lead you to trading. But if you try to understand your position by watching the price or watching the market conditions, there is no problem. Keep your long-term plan strong, then the price will not be able to influence you.

[Sulegzy39]

Perfectively It is not appropriate for a long-term investor to invest based on the market. An individual should begin investing in Bitcoin based on his income level. Experience and expertise alone cannot provide an accurate prediction. And the opportunity to buy Bitcoin does not arise solely when the price falls. The opportunity to purchase Bitcoin will rely on one's financial situation.

Even if someone sees a low price and puts all of his money in Bitcoin, he will be unable to hold it for an extended period of time. And it is impossible to predict exactly when the perfect dip will occur. As a result, Bitcoin investments should always be made with discretionary income in mind. It should never be done depending on the value of Bitcoin.

[ejikeme24]

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

Watching the price is not a bad thing as long as that price is influencing your plan. For example, if you plan to hold for 4-10 years or more and watch the price every day, there is no problem. But if you sell out of fear when the price drops by 20% or get greedy after seeing the profit, then watching the price is influencing your plan. In that case, watching the price can often lead you to trading. But if you try to understand your position by watching the price or watching the market conditions, there is no problem. Keep your long-term plan strong, then the price will not be able to influence you.

You sound lost @ icebar what makes you think that watching the price is not a bad thing? You seem to have forgotten that majority of those investors that sold Thier Bitcoin for short term did that as a result of keeping a close eye on the market because the pressure was much and they couldn't persevere so they decided to sell off Thier holdings due to fear of Lossing Thier money. Even though surely there might come a time when an investor might want to check if there's a good buying opportunity (dip) so as to know when it is time for them to apply some level of aggressiveness but not all the time maybe once in a while as these is the only reason an (investor) would give to prove that, there's need to check the market, anything other than this reason I gave here is pointless.

[Mr_Brilliant$]

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.

At this point, anyone still focusing on shitcoins is just gambling.. Investing in shitcoins is extremely risky because most of them, (98.9%) of them do not survive in the long run at all.. I do not really see the point of chasing quick profits when you can consistently invest in Bitcoin with your discretionary income instead..
It may not promise overnight gains, but it is a much more sensible approach than betting on coins that could disappear at any time..

[Charcol]

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.

I agree with your theory that those who plan to buy when the price drops and sell when it rises are moving towards trading. However, I don't think that just keeping it for 10 years makes it an investment. Because the difference between investment and trading is not limited to how many years/how long, but why you are buying, how your position is being created, and for what purpose the decision to sell is being made may be important.

For example, @Solokan you yourself say that if you keep it for ten years, you will definitely make a profit. But in reality, it is quite difficult to guarantee where Bitcoin will go in these 10 years. So if you are sure about the entry and exit price from the beginning, then your plan may depend on market timing even after 10 years. Which can be equivalent to trading. Again, suppose I am a long-term investor and have been saving Bitcoin regularly, but if after 5-6 years I sell some of it for medical, house or retirement needs, then it will not be right to call me a trader.

[alankasman]

---

Watching the price is not a bad thing as long as that price is influencing your plan. For example, if you plan to hold for 4-10 years or more and watch the price every day, there is no problem. But if you sell out of fear when the price drops by 20% or get greedy after seeing the profit, then watching the price is influencing your plan. In that case, watching the price can often lead you to trading. But if you try to understand your position by watching the price or watching the market conditions, there is no problem. Keep your long-term plan strong, then the price will not be able to influence you.

I think if we want to implement our long-term plans I think it's better to continue accumulating the amount that will increase our assets within a predetermined time period. If we always monitor market price movements we will always be anxious about accumulating and eventually we start to get bored with accumulating. This is because sometimes the market movement is in a decline sometimes quite drastically and we end up postponing it for a while just to find new sensations. When market prices start to stabilize, I think we will look at the amount we have accumulated during our predetermined time period. When there is an increase in the accumulated amount we will then return to our long-term investment plan.

Therefore, it's better to always accumulate until we reach a point in time that we determine. We will only revisit it when the time period has reached our desired time. There is no need to accumulate first because I think our predetermined time has arrived. There we can then observe market movements. If there is a possibility of profit selling a little is not a problem and holding on while the market position is still declining.

[Stive009]

The more you worry about Bitcoin investment, the more secure you will be in moving forward with Bitcoin investment. So to be careful about Bitcoin investment, you must be wise. If every person gains knowledge about Bitcoin, then they will definitely be successful, but you should not wait to gain knowledge at all.
You have money, you can invest and as you move forward with Bitcoin investment, you will have the opportunity to gain extensive knowledge about it. In this situation, only patient people can make the best plan, because they are investing in Bitcoin continuously, so they are never afraid and will be able to hold their world to the future.

When talking about BTC investment, you don’t use "definitely successful" cos it gives unrealistic expectations.
Worrying more does not make someone a better investor; too much worry can even lead to emotional decisions. What helps is learning, having a plan, managing risk and investing within your means.

Saying those that gain knowledge will "definitely" succeed is wrong. We can’t even know it all that’s the truth cos BTC is very broad. Basic knowledge can only help folk make better decisions, but it does not guarantee profits. Even experienced investors can make mistakes

You are right that overthinking never makes someone a good investor, rather it creates indecision. When the market goes down this overthinking forces people to panic and sell at a loss. The difference between a big investor and an ordinary investor is not in the amount of thinking But in discipline and regularity.
Bitcoin is not just a technology it is a complex mixture of human psychology and global politics. If someone claims that he has knew it all and his success is guaranteed he is actually expressing his arrogance. the market always teaches us to be humble. Because there are many global factors that are beyond anyone's control.

Skilled investors do not chase after certainties they work with possibilities. Education and planning increase our chances of success and reduce risks that's all. No guarantee card gives.
Basic knowledge only helps people make better decisions but it does not guarantee profit. Managing the risk within your capabilities and Being able to control emotions is the real skill.

[Tongley]

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.

It's fine if a person is diversifying into shitcoins, memecoins, or altcoin since that's what they want, I believe there are some altcoins that is doing well so guys can decide to risk some portion of Thier discretionary income to see how the future is going to look like. My only advice is before a person should think of diversifying Thier assets they need to make sure that they have reach their overaccumulation status Incase those assets they are diversifying into didn't work out they won't regret why they didn't wait until they get to thier overaccumulation status before diversifying into those assets.

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.

Are you saying that diversification is limited to some set of people? Nah, everybody can diversify rather Thier choice of investment is what matters. Because in the process of diversifying some folks end up making the wrong choice of investment and start regretting in the future, So if it were possible I would have suggest that any person that doesn't know the asset they are going to diversify into should only stick to Bitcoin investment even though they have reach their overaccumulation status they should keep accumulating to meet another overaccumulation status if possible rather than wasting their money in pump and dumb coins.

I hope we understand that Bitcoin is the only coin that should be invested in, or that is the subject of this topic. This topic is very well known for beginners to learn about long-term investments and gain knowledge about long-term investments, especially when I joined this forum, I gained most of my knowledge from this topic and I am still doing it. I remember an incident a few days ago, a person compared Bitcoin to shitcoin or said shitcoin instead of Bitcoin, then I was confused by his comment later and it took me a long time to understand what he said. So I hope you do not mislead anyone or lead them to harm by telling them to invest in shitcoin in this topic. We are never talking about shitcoin in this topic or we are not failing to understand the difference between Bitcoin and shitcoin. Our goal should be Bitcoin and the subject of this topic is Bitcoin.

[Saltysugar99]

The more you worry about Bitcoin investment, the more secure you will be in moving forward with Bitcoin investment. So to be careful about Bitcoin investment, you must be wise. If every person gains knowledge about Bitcoin, then they will definitely be successful, but you should not wait to gain knowledge at all.
You have money, you can invest and as you move forward with Bitcoin investment, you will have the opportunity to gain extensive knowledge about it. In this situation, only patient people can make the best plan, because they are investing in Bitcoin continuously, so they are never afraid and will be able to hold their world to the future.

When talking about BTC investment, you don’t use "definitely successful" cos it gives unrealistic expectations.
Worrying more does not make someone a better investor; too much worry can even lead to emotional decisions. What helps is learning, having a plan, managing risk and investing within your means.

Saying those that gain knowledge will "definitely" succeed is wrong. We can’t even know it all that’s the truth cos BTC is very broad. Basic knowledge can only help folk make better decisions, but it does not guarantee profits. Even experienced investors can make mistakes

I agree with you. When talking about Bitcoin investment, it is definitely not right to talk about sure  success or guaranteed profit. And for a new investor, basic knowledge is enough to start investing. He does not need deep knowledge. A person does not need to fully understand cryptography, node, hash rate or technical programs to invest. He only needs to understand that Bitcoin is volatile, short-term profit is not guaranteed, and it should generally be started with an investment mindset of 4-10 years or more.

And financial management plays a big role in investing in Bitcoin. If a person does not understand his income, expenses, discretionary income, emergency fund, then he can easily make wrong decisions. So I would say, it is necessary to learn Bitcoin, but learning financial management is more important. With basic knowledge, a person can start with a small amount, such as weekly or monthly DCA. Later, as his income increases over time, he will be able to adjust the DCA amount. Huge knowledge may not be very useful at times, but investing with discretionary income through strong fund management makes it possible to hold for a long time without panic selling during market volatility.

[Publictalk792]

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

Watching the price is not a bad thing as long as that price is influencing your plan. For example, if you plan to hold for 4-10 years or more and watch the price every day, there is no problem. But if you sell out of fear when the price drops by 20% or get greedy after seeing the profit, then watching the price is influencing your plan. In that case, watching the price can often lead you to trading. But if you try to understand your position by watching the price or watching the market conditions, there is no problem. Keep your long-term plan strong, then the price will not be able to influence you.

It is not issue of watching the price, it is the emotional reaction. Of course, if you check Bitcoin once a day and do not do anything with it then you are same as if you checked it once a month. It is not watching but doing that causes the damage.

But where it gets complicated is that most people have habit of highly overrating their own emotional control. They believe they are playing price, and when Bitcoin starts to fall 30% over the course of week, that is when sensible observer turns very nervous as seller. Real risk patience is only known during real drops and not in bull market when things are comfortable.

4-10 year plan framing is helpful because it puts in view value of today price. If you are not leaving for few years, this number does not matter. You can know it with your head, it is not that hard. But feeling it while down 40% and your total investments look terrible, this is whole different ballgame, this is when long term investors are made or broken.

[Umulala-alala]

The more you worry about Bitcoin investment, the more secure you will be in moving forward with Bitcoin investment. So to be careful about Bitcoin investment, you must be wise. If every person gains knowledge about Bitcoin, then they will definitely be successful, but you should not wait to gain knowledge at all.
You have money, you can invest and as you move forward with Bitcoin investment, you will have the opportunity to gain extensive knowledge about it. In this situation, only patient people can make the best plan, because they are investing in Bitcoin continuously, so they are never afraid and will be able to hold their world to the future.

When talking about BTC investment, you don’t use "definitely successful" cos it gives unrealistic expectations.
Worrying more does not make someone a better investor; too much worry can even lead to emotional decisions. What helps is learning, having a plan, managing risk and investing within your means.

Saying those that gain knowledge will "definitely" succeed is wrong. We can’t even know it all that’s the truth cos BTC is very broad. Basic knowledge can only help folk make better decisions, but it does not guarantee profits. Even experienced investors can make mistakes

I agree with you. When talking about Bitcoin investment, it is definitely not right to talk about sure  success or guaranteed profit. And for a new investor, basic knowledge is enough to start investing. He does not need deep knowledge. A person does not need to fully understand cryptography, node, hash rate or technical programs to invest. He only needs to understand that Bitcoin is volatile, short-term profit is not guaranteed, and it should generally be started with an investment mindset of 4-10 years or more.

And financial management plays a big role in investing in Bitcoin. If a person does not understand his income, expenses, discretionary income, emergency fund, then he can easily make wrong decisions. So I would say, it is necessary to learn Bitcoin, but learning financial management is more important. With basic knowledge, a person can start with a small amount, such as weekly or monthly DCA. Later, as his income increases over time, he will be able to adjust the DCA amount. Huge knowledge may not be very useful at times, but investing with discretionary income through strong fund management makes it possible to hold for a long time without panic selling during market volatility.

You are just making things confusing here, some part you are saying it's necessary to learn about bitcoin after saying it requires basic knowledge to kick start your bitcoin investment, you also said that profit is not guarantee by specifying it in short time as if profit is guarantee if an investor hodl his bitcoin for long. You don't need to learn about bitcoin before starting provide you have common sense and your discretionary income and don't also be sure that profit in bitcoin is guaranteed when we hodl for long, BTC is volatile so nothing is guarantee be it short time or long as we can't predict what will happen in the future so what to do is invest with your discretionary income hodl for long and expect what ever happened in the future.

[POPOLUV]

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.

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

In addition to what you have said earlier, i was meant to understand that traders are those that panic more when the fluctuation of Bitcoin price decreases in the market because they focus more on the movement of the market price, and the day that i was opportune to see how gamblers serious monitor their laptop to know when to pull out their investments and one of the trader happen to tell me a story on how he lost a huge amount of money within a short frame of time because he slept off and by the time he woke up there was nothing left for him. So for me, there is no system of investing in Bitcoin will be good and give you rest of mind outside when you just focus on investing with your DCA strategy, then buy Bitcoin either aggressively or gradually by gradually as your discretionary income comes to you.

[Princess Leah]

I agree with you. When talking about Bitcoin investment, it is definitely not right to talk about sure  success or guaranteed profit. And for a new investor, basic knowledge is enough to start investing. He does not need deep knowledge. A person does not need to fully understand cryptography, node, hash rate or technical programs to invest. He only needs to understand that Bitcoin is volatile, short-term profit is not guaranteed, and it should generally be started with an investment mindset of 4-10 years or more.

And financial management plays a big role in investing in Bitcoin. If a person does not understand his income, expenses, discretionary income, emergency fund, then he can easily make wrong decisions. So I would say, it is necessary to learn Bitcoin, but learning financial management is more important. With basic knowledge, a person can start with a small amount, such as weekly or monthly DCA. Later, as his income increases over time, he will be able to adjust the DCA amount. Huge knowledge may not be very useful at times, but investing with discretionary income through strong fund management makes it possible to hold for a long time without panic selling during market volatility.

You are just making things confusing here, some part you are saying it's necessary to learn about bitcoin after saying it requires basic knowledge to kick start your bitcoin investment, you also said that profit is not guarantee by specifying it in short time as if profit is guarantee if an investor hodl his bitcoin for long. You don't need to learn about bitcoin before starting provide you have common sense and your discretionary income and don't also be sure that profit in bitcoin is guaranteed when we hodl for long, BTC is volatile so nothing is guarantee be it short time or long as we can't predict what will happen in the future so what to do is invest with your discretionary income hodl for long and expect what ever happened in the future.

Everyone has their reason for choosing Bitcoin as their investment option but one of the most reason is to have a better future whereby one is financially free but some people just like to focus on profits even when they've not started investing or gone far in their accumulation journey. One thing they don't understand is that they can't focus on the end from the beginning but should rather focus on hoe to reach the end which is "accumulation before taking profit after holding long enough to meet their target".

 Concerning what is required of an investor to start, having knowledge about Bitcoin to an extent is important but you're correct that common sense and discretionary funds is more important and what's required to start buying Bitcoin, some can know about Bitcoin but if their discretionary fund is not ready the person would be making a mistake investimg with money meant for necessities or emergency situations.

[arwin100]

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.

I agree with your theory that those who plan to buy when the price drops and sell when it rises are moving towards trading. However, I don't think that just keeping it for 10 years makes it an investment. Because the difference between investment and trading is not limited to how many years/how long, but why you are buying, how your position is being created, and for what purpose the decision to sell is being made may be important.

For example, @Solokan you yourself say that if you keep it for ten years, you will definitely make a profit. But in reality, it is quite difficult to guarantee where Bitcoin will go in these 10 years. So if you are sure about the entry and exit price from the beginning, then your plan may depend on market timing even after 10 years. Which can be equivalent to trading. Again, suppose I am a long-term investor and have been saving Bitcoin regularly, but if after 5-6 years I sell some of it for medical, house or retirement needs, then it will not be right to call me a trader.

That situation will vary depends on the intent of the investor doing such actions. Maybe at some point we can say that those people doing such thing like buying Bitcoin consistently then have targets to sell in 10 years somehow close to trading, but I also think that this is more better action to do since 10 years is long conviction. Compare to those people doing actual short trades which this action they made is so risky.

Also in other point, those long term saver decide to sell their coins is not automatically a trader. Since sometimes there are real life emergencies that even our emergency funds can cover it. That's selling some of the coins we bought before is one of best options to do. If they already achieve the 10 years holding somehow we can say that their investment serves its purpose and they can decide to slowly take their profit if they really need it.

[SmartCharpa]

Perfectively It is not appropriate for a long-term investor to invest based on the market. An individual should begin investing in Bitcoin based on his income level. Experience and expertise alone cannot provide an accurate prediction. And the opportunity to buy Bitcoin does not arise solely when the price falls. The opportunity to purchase Bitcoin will rely on one's financial situation.

Even if someone sees a low price and puts all of his money in Bitcoin, he will be unable to hold it for an extended period of time. And it is impossible to predict exactly when the perfect dip will occur. As a result, Bitcoin investments should always be made with discretionary income in mind. It should never be done depending on the value of Bitcoin.

Long term investors do not have the time to invest based on the market, they don’t care whether the market is doing well or not, they continue buying because they have already set their target from the moment they started buying. Every investor has their own plan, so everyone buys according to their plan. Long term investors only buy gradually according to what they can afford, and they don’t stress themselves chasing quick profits because they believe what the future holds is more valuable than the short term.

Moreover, as a newbie don’t believe anyone who claims they can predict the future of Bitcoin. Check the history of Bitcoin, nobody knew that it would reach this level. Many people who didn’t believe in Bitcoin are still regretting why they didn’t take the opportunity to buy earlier, so we should not end up like those people who are regretting now. If it is $10 you can afford to invest, that’s fine, it’s better than who is not buying at all.

[adultcrypto]

Investor do check the market but not in the same way that traders do, when someone is observing the market always the person is said to be a trader and also people who look or check at market wing are pure traders because investors doesn't have time for all these things in the market because they are just interested at sorting their discretionary income and then purchase or buy at their appropriate time or their set up time which can be weekly or monthly.

This is not supposed to be subject to argument because we all know that a long term holder checking the market is mostly for knowledge of where the market is and not to act on impulse like FOMO. This is different from traders that are constantly monitoring the chart with the hope of getting an entry or an exit. They are subjected to FOMO, taking quick decisions and eventual mistakes that result in losses. Investors and traders are different in every aspect and it is highly recommended to remain and investor as that is more reliable and does not involve much stress and mental load.