Buy Buy Buy or Sell Sell Sell?

[Agbam]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

All your post so far identifies you as a chronic trader. Since bitcoin is a long time investment, why then should we even want to give a fuck about short time investment(trading)? I don't think you should either.

As a matter of fact, person don't need to go on fucking around trading before they can understand bitcoin. If you want to grow up your bitcoin stash and have a very meaningful bitcoin stash, then focus on ongoingly accumulating bitcoin for nothing less than four years and beyond. Bitcoin dosen't guarantee quick profits, so quit trying to outwit the market or make profit and just go ahead with your ongoing investment and along the line you can study to understand bitcoin more better.

Bitcoin is also not a business, it is a long time investment

People do not need to spend their entire time trading to know bitcoin portfolio one should look consistently on accumulating Bitcoin at least 2 to 3 years or even longer. Secondly Bitcoin doesn't guarantee anybody or promise a quick gain so people should stop to outsmart the market price with steady trading.
A lot of your point gives that one are primary a trader, but bitcoin is meant to be for longer time investment so why should people care so much about short term investment.

It is true that an investor does not need to trade all the time but should focus more on savings. But a 2–3 year time frame may not be enough for long-term Bitcoin investment. Because if someone has limited income and he buys Bitcoin little by little every week or every month from his discretionary income, then perhaps his position in 2–3 years may still be small. Because Bitcoin is not just a calendar time calculation but how much value he has been able to accumulate in Bitcoin compared to his income may also be important.

For example, someone may be starting with his small discretionary income. After 2–3 years, he may be able to gain practical experience, be mentally strong in the market fluctuations but that does not mean that his accumulation work is over. Rather, he may have increased his income, strengthened his emergency fund and become in a position to invest more money regularly than before.

An investor does not need to trade at all, there’s no reason for you to be dwelling on short term price movements, it’s only going to waste your time and cost you reasonable money that could have gone to build your bitcoin portfolio. Trading even when it’s beneficial cannot be compared to the long term gains, investors should know this.

You’re right 2-3 years is a long time but considering holding in bitcoin it’s not long term. The minimum long term is to complete a cycle and that’s 4 years. So an investor should consider holding for a period of 4-10 years or more.

[The Founding Titan]

What's your take on this? Given the period we're in is it buy time or sell time?

Judging from the reputation of Bitcoin over the year, I think there is no specific time to buy or sell Bitcoin, no matter the price at that moment, it all depends on your plan or should I say strategy

This is why starting your Bitcoin journey without clear plan or strategy has cost many people alot painful lessons.

What strategy are you talking about? There is no specific time to buy bitcoin because we can buy bitcoin anytime at all provided that we have our discretionary income and the DCA is the best strategy to use if you want to buy whenever, this is because what a person needs to start investing in bitcoin is their discretionary income and I would advise any newbie who whats to invest in bitcoin to use the DCA as their strategy of choice and to make sure they don't get tempted to invest outside of their discretionary income.

[Umulala-alala]

People do not need to spend their entire time trading to know bitcoin portfolio one should look consistently on accumulating Bitcoin at least 2 to 3 years or even longer. Secondly Bitcoin doesn't guarantee anybody or promise a quick gain so people should stop to outsmart the market price with steady trading.
A lot of your point gives that one are primary a trader, but bitcoin is meant to be for longer time investment so why should people care so much about short term investment.

Buying Bitcoin for 2 to 3 yrs isn't  long term investment, rather it is short term investment... When talking about long term investment, then the minimum should be ay least a cycle which very well consist of 4 yrs, anything below that is considered trading.. Truth be told there is no guaranteed return regardless of whether you even invest in Bitcoin for a long term duration... But one very beneficial thing about long take investment is that it has the tendency of placing folks in a much more better positions that they would have if they had opted for short term trading...

That feels wrong to me, there's nothing wrong if someone accumulate Bitcoin for 3 years.  What I know about trading is that , it works by frequent buying and selling to profit from short term price movements, not simply by the length of time. What if a person has a large discretionary income, in which they use to buy Bitcoin on a weekly basis. With the  effort of consistency for a period of 3 years they can end up with a large amount of Bitcoin in their possession than someone who accumulate with small amount for 4 or 5 years. Investors knows when to halt their Bitcoin accumulation , especially when they feel they've over accumulated, and some can do it in the span of 3 years.  Therefore I don't think it's accurate to say that anything below 4 years us trading.

You don't have to be buying and selling bitcoin doing so is no longer an investment but trading and gambling and i won't encourage any one to do that as there is whole lot of risk involved, BTC is volatile you can buy now and the decrease of which selling at that time you will be at lost and secondly you can't also compare what you will get when you hodl for long rather than chasing little profit, if you want to sell your bitcoin you can sell some and still be holding but this is only when you have accumulated more bitcoin and has also gotten to your over accumulation stage before you can sell some of your bitcoin.

[Grease5000]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

I think you are confusing the whole idea of trading  as investing, and you seem not to know anything about long term investment because if  you  do you won't be talking about taking risks and making quick profit, because majority of people who start buying bitcoin with this same mindset end up disappointment and never reach their bitcoin Accumulation goal.

If you truly want to start accumulating bitcoin, first you figure out your discretionary income after you might have settled all your essentials need, you can either employ the DCA or Lump sum strategy depending on which suits your finance and personality and you can equally build an emergency fund along side by using a percentage of your discretionary income.  By doing so you don't have to take any unnecessary risk or try to time the market to know the next direction the market will go.

[oll]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

It seems to me that you are misjudging the correct approach to investing in bitcoin, because you are using the concept of "short-term investment", although in fact a real investor sets deadlines from 4 to 10 years. And you also write about risk, and I want to note that if you use an absolutely correct investment strategy such as DCA, then you will not incur any risk, because you will strictly buy bitcoin and you will absolutely not care what the price of bitcoin is now, and what it will be tomorrow. Your head won't even be filled with technical analysis, because you'll realize that you're constantly accumulating, which will inevitably lead to success.

[Derekfunds]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

It seems to me that you are misjudging the correct approach to investing in bitcoin, because you are using the concept of "short-term investment", although in fact a real investor sets deadlines from 4 to 10 years. And you also write about risk, and I want to note that if you use an absolutely correct investment strategy such as DCA, then you will not incur any risk, because you will strictly buy bitcoin and you will absolutely not care what the price of bitcoin is now, and what it will be tomorrow. Your head won't even be filled with technical analysis, because you'll realize that you're constantly accumulating, which will inevitably lead to success.

I have come to notice that most folks are so concerned about getting rich quick Instead of allowing themselves follow the gradual process of getting rich. A city can not be build a day so rich can not be achieve or gotten in a day and the most important thing is been realistic to yourself because the fact that some people are been favoured and lucky to become rich in a short time doesn't mean one should also follow that path, being realistic is very important so instead of gambling with Bitcoin I think and I believe it is safer to buy and hold it for a long period of time.

[Cgrexp]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

I think you are confusing the whole idea of trading  as investing, and you seem not to know anything about long term investment because if  you  do you won't be talking about taking risks and making quick profit, because majority of people who start buying bitcoin with this same mindset end up disappointment and never reach their bitcoin Accumulation goal.

If you truly want to start accumulating bitcoin, first you figure out your discretionary income after you might have settled all your essentials need, you can either employ the DCA or Lump sum strategy depending on which suits your finance and personality and you can equally build an emergency fund along side by using a percentage of your discretionary income.  By doing so you don't have to take any unnecessary risk or try to time the market to know the next direction the market will go.

There are three main strategies for investing in Bitcoin: buying immediately (lump sum), dollar-cost averaging (DCA), and buying on dips. Depending on the individual's financial situation, an investor can apply one or both strategies. DCA is particularly useful. Because it is convenient to buy with regular small income or divide a lump sum into installments. It is wise to mix strategies according to the situation and is applicable to both rich and poor investors. On the other hand, the definition of a lump sum or lump sum is not the same for everyone. When an ordinary person receives any extra money, such as a bonus or unexpected income, it may seem like a lump sum to him. The main question here is how someone can receive such money and how to use that money. Someone can use that money to buy Bitcoin immediately, while someone can use it gradually through DCA strategy or buying it at market dips. The investment decision depends not only on the amount of money, but also on the investor's mentality, risk-taking ability and financial situation. So, whether it is a one-time investment or a DCA strategy, the two most important things that one chooses are the stability of the investment and staying within one's limits.

[abaeze]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

It seems to me that you are misjudging the correct approach to investing in bitcoin, because you are using the concept of "short-term investment", although in fact a real investor sets deadlines from 4 to 10 years. And you also write about risk, and I want to note that if you use an absolutely correct investment strategy such as DCA, then you will not incur any risk, because you will strictly buy bitcoin and you will absolutely not care what the price of bitcoin is now, and what it will be tomorrow. Your head won't even be filled with technical analysis, because you'll realize that you're constantly accumulating, which will inevitably lead to success.

However, I do not agree with those who think that long-term investment means guaranteed success. Not only that, some people still think that there will be no risk in doing DCA and that if you continuously accumulate Bitcoin, you will inevitably succeed, but these are just tools for successful investment. DCA is basically a method of reducing entry-timing risk, not a method of eliminating risk. Suppose someone buys Bitcoin every month for 10 years. Still, some risks remain. It is not certain what the long-term value of Bitcoin will be in the future. If the personal financial situation is bad, he may have to sell Bitcoin at a time when the market is low. Someone can buy an asset for 2 years and invest based on fundamental analysis, while someone can hold an asset for 10 years whose valuation he has no idea about.

[POPOLUV]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

All your post so far identifies you as a chronic trader. Since bitcoin is a long time investment, why then should we even want to give a fuck about short time investment(trading)? I don't think you should either.

As a matter of fact, person don't need to go on fucking around trading before they can understand bitcoin. If you want to grow up your bitcoin stash and have a very meaningful bitcoin stash, then focus on ongoingly accumulating bitcoin for nothing less than four years and beyond. Bitcoin dosen't guarantee quick profits, so quit trying to outwit the market or make profit and just go ahead with your ongoing investment and along the line you can study to understand bitcoin more better.

Bitcoin is also not a business, it is a long time investment

People do not need to spend their entire time trading to know bitcoin portfolio one should look consistently on accumulating Bitcoin at least 2 to 3 years or even longer. Secondly Bitcoin doesn't guarantee anybody or promise a quick gain so people should stop to outsmart the market price with steady trading.
A lot of your point gives that one are primary a trader, but bitcoin is meant to be for longer time investment so why should people care so much about short term investment.

The two to three years you mentioned is still a short time for any one investing in BTC, a long time bitcoin investment should be from 4-10 years or more. Investing in bitcoin for a long time doesn't still guarantee that one will make profit from it but since bitcoin has been rewarding long time investor it's also important for we to buy and hodl for a long time, in bitcoin investment when we mention long time some person will think 2 to 3 years is also a long time in bitcoin investment it's actually a short time frame it will be seen as gambling while long time investment is buying consistently and hodl for 4 to 10 years or above that by then you might have gotten to your over accumulation status.

You have definitely pointed out some silly mistake most investors always do while investing in long term investment and thinking that investing in Bitcoin up to 2 to 3 years interval is long term investment and for me it doesn't look like a long term investment but a short term investment and even as investing in Bitcoin is not a guarantee for any investors to make profits, so for that reason of not knowing what Bitcoin will be within a decade, i would like to advice that an investor should invest beyond a decade and watch on how your Bitcoin investments grown without panicking if there is any fall in price and see what the outcome will be like at the end of your investments.

[ChocolateBitcoinK]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

It seems to me that you are misjudging the correct approach to investing in bitcoin, because you are using the concept of "short-term investment", although in fact a real investor sets deadlines from 4 to 10 years. And you also write about risk, and I want to note that if you use an absolutely correct investment strategy such as DCA, then you will not incur any risk, because you will strictly buy bitcoin and you will absolutely not care what the price of bitcoin is now, and what it will be tomorrow. Your head won't even be filled with technical analysis, because you'll realize that you're constantly accumulating, which will inevitably lead to success.

However, I do not agree with those who think that long-term investment means guaranteed success. Not only that, some people still think that there will be no risk in doing DCA and that if you continuously accumulate Bitcoin, you will inevitably succeed, but these are just tools for successful investment. DCA is basically a method of reducing entry-timing risk, not a method of eliminating risk. Suppose someone buys Bitcoin every month for 10 years. Still, some risks remain. It is not certain what the long-term value of Bitcoin will be in the future. If the personal financial situation is bad, he may have to sell Bitcoin at a time when the market is low. Someone can buy an asset for 2 years and invest based on fundamental analysis, while someone can hold an asset for 10 years whose valuation he has no idea about.

The average cost of buying Bitcoin is likely to be higher for someone who is constantly, consistently, regularly, and perhaps even aggressively buying Bitcoin than for someone who is strategic about their Bitcoin purchases. The person who is more serious about accumulating Bitcoin will likely put themselves in a better position by continually buying Bitcoin than the person who is waiting for the price to drop, which may or may not happen. When we are constantly buying, we cannot be very confident about the short to medium term price movement of Bitcoin, so it is probably better for us to accumulate continuously and perhaps find ways in which we can increase our income and increase our discretionary funds. Reducing our expenses and other things to ensure that our cash flow management methods and practices are in a relatively strong and comfortable position based on our current financial and psychological situation. So perhaps if we buy Bitcoin reasonably and regularly for 8 years or more, build and maintain our backup funds, and engage in reasonable discretionary consumption, we have a pretty good chance of putting ourselves in a better position financially and emotionally than if we had not invested in Bitcoin.

[Proty]

People do not need to spend their entire time trading to know bitcoin portfolio one should look consistently on accumulating Bitcoin at least 2 to 3 years or even longer. Secondly Bitcoin doesn't guarantee anybody or promise a quick gain so people should stop to outsmart the market price with steady trading.
A lot of your point gives that one are primary a trader, but bitcoin is meant to be for longer time investment so why should people care so much about short term investment.

Buying Bitcoin for 2 to 3 yrs isn't  long term investment, rather it is short term investment... When talking about long term investment, then the minimum should be ay least a cycle which very well consist of 4 yrs, anything below that is considered trading.. Truth be told there is no guaranteed return regardless of whether you even invest in Bitcoin for a long term duration... But one very beneficial thing about long take investment is that it has the tendency of placing folks in a much more better positions that they would have if they had opted for short term trading...

That feels wrong to me, there's nothing wrong if someone accumulate Bitcoin for 3 years.  What I know about trading is that , it works by frequent buying and selling to profit from short term price movements, not simply by the length of time. What if a person has a large discretionary income, in which they use to buy Bitcoin on a weekly basis. With the  effort of consistency for a period of 3 years they can end up with a large amount of Bitcoin in their possession than someone who accumulate with small amount for 4 or 5 years. Investors knows when to halt their Bitcoin accumulation , especially when they feel they've over accumulated, and some can do it in the span of 3 years.  Therefore I don't think it's accurate to say that anything below 4 years us trading.

You don't have to be buying and selling bitcoin doing so is no longer an investment but trading and gambling and i won't encourage any one to do that as there is whole lot of risk involved, BTC is volatile you can buy now and the decrease of which selling at that time you will be at lost and secondly you can't also compare what you will get when you hodl for long rather than chasing little profit, if you want to sell your bitcoin you can sell some and still be holding but this is only when you have accumulated more bitcoin and has also gotten to your over accumulation stage before you can sell some of your bitcoin.

some people think that it is good to buy bitcoin when the price is low and to sell it back when the price is high with the hope of buying more bitcoin back whenever there is a dip. This mindset is very wrong because, it is not possible for anyone to outsmart the market. Buying bitcoin when the price is low and selling when it is high will only make us not to be consistent with our bitcoin accumulation, and as for someone that is planning to hold bitcoin for a long term being consistent is important for building up a good portfolio in bitcoin. Therefore, anyone that entertain this kind of Idea is actually gambling with bitcoin and this is very risky. They can lose their money because they may sell at loss as result of not predict the market correctly.

[ejikeme24]

You have definitely pointed out some silly mistake most investors always do while investing in long term investment and thinking that investing in Bitcoin up to 2 to 3 years interval is long term investment and for me it doesn't look like a long term investment but a short term investment and even as investing in Bitcoin is not a guarantee for any investors to make profits, so for that reason of not knowing what Bitcoin will be within a decade, i would like to advice that an investor should invest beyond a decade and watch on how your Bitcoin investments grown without panicking if there is any fall in price and see what the outcome will be like at the end of your investments.

An investment is considered long term when you plan to hold it for at least 5 years, although some investors may not be patient enough to hold Thier Bitcoin for 5 years and they have every right to hold it as much as they can but they should try to hold it for at least 3-4 years, i believe if they continue investing in bitcoin for like 4 years definitely Thier Bitcoin portfolio can never be compared with that of a guy that only invest for 2 years, although it all depends on the amount they are investing with Because the amount they are using to make Thier Bitcoin purchase will determine the stash of bitcoin they will accumulate in 2-3 years, if a guy is putting $50 in his bitcoin investment every week in 2 years he will be looking at $5, 200  of which this is not enough, That is why anyone who intend to invest for long should try as much as they can to accumulate for 5 years or more because if they are consistently accumulating bitcoin for complete 5 years definitely they will get something bigger no matter how small Thier weekly or monthly Bitcoin purchase may be.

[Stive009]

People do not need to spend their entire time trading to know bitcoin portfolio one should look consistently on accumulating Bitcoin at least 2 to 3 years or even longer. Secondly Bitcoin doesn't guarantee anybody or promise a quick gain so people should stop to outsmart the market price with steady trading.
A lot of your point gives that one are primary a trader, but bitcoin is meant to be for longer time investment so why should people care so much about short term investment.

Buying Bitcoin for 2 to 3 yrs isn't  long term investment, rather it is short term investment... When talking about long term investment, then the minimum should be ay least a cycle which very well consist of 4 yrs, anything below that is considered trading.. Truth be told there is no guaranteed return regardless of whether you even invest in Bitcoin for a long term duration... But one very beneficial thing about long take investment is that it has the tendency of placing folks in a much more better positions that they would have if they had opted for short term trading...

That feels wrong to me, there's nothing wrong if someone accumulate Bitcoin for 3 years.  What I know about trading is that , it works by frequent buying and selling to profit from short term price movements, not simply by the length of time. What if a person has a large discretionary income, in which they use to buy Bitcoin on a weekly basis. With the  effort of consistency for a period of 3 years they can end up with a large amount of Bitcoin in their possession than someone who accumulate with small amount for 4 or 5 years. Investors knows when to halt their Bitcoin accumulation , especially when they feel they've over accumulated, and some can do it in the span of 3 years.  Therefore I don't think it's accurate to say that anything below 4 years us trading.

You don't have to be buying and selling bitcoin doing so is no longer an investment but trading and gambling and i won't encourage any one to do that as there is whole lot of risk involved, BTC is volatile you can buy now and the decrease of which selling at that time you will be at lost and secondly you can't also compare what you will get when you hodl for long rather than chasing little profit, if you want to sell your bitcoin you can sell some and still be holding but this is only when you have accumulated more bitcoin and has also gotten to your over accumulation stage before you can sell some of your bitcoin.

some people think that it is good to buy bitcoin when the price is low and to sell it back when the price is high with the hope of buying more bitcoin back whenever there is a dip. This mindset is very wrong because, it is not possible for anyone to outsmart the market. Buying bitcoin when the price is low and selling when it is high will only make us not to be consistent with our bitcoin accumulation, and as for someone that is planning to hold bitcoin for a long term being consistent is important for building up a good portfolio in bitcoin. Therefore, anyone that entertain this kind of Idea is actually gambling with bitcoin and this is very risky. They can lose their money because they may sell at loss as result of not predict the market correctly.

On paper this plan may seem very simple and tempting that when the price goes up I will sell it again and when it goes down I will buy it again and increase my Bitcoin. But in reality I think it is an extreme suicide trap created by traders.

When you think that the price of Bitcoin has increased quite a bit do one thing sell it now and pocket the profit. When the price goes down a little bit either buy more Bitcoin at a lower price. Which will never give you the opportunity to enter at a lower price again. Then you will either have to buy that Bitcoin back at a higher price. Or you will suffer the pain of losing Bitcoin permanently.

Bitcoin is the most solid asset in the world. It is not the job of any prudent investor to sell this valuable asset empty handed just to gamble on buying it at a slightly lower price. In addition you will have to pay taxes and exchange fees on frequent purchases which further lightens your portfolio.

So for those who think it is better to buy Bitcoin when the price is low and sell it again when the price increases. I would tell them to give up their failed attempts at market timing. Do regular DCA with your surplus money and quietly HODL for the long term. Trying to increase the number by trading Bitcoin becomes the reason for most people to reduce or sell Bitcoin.

[Obulis]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

This is sell sell sell ideology which is trading not investment and can mislead a newbie just as it has led many to losses than gains. The want to understand the market is associated with buying the dip and trading of which not necessary for some investors who are using DCA strategy. Short term investment is riskier and doesn't reduce any risk as you said @couragelevi or better still can you explain what you mean by "short time investment can help reduce the risk".
There is need to be specific when talking about trading and or buying the dip so that newbies will have clear idea of what is being discussed to avoid misconception.

[Showlove01]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

I don't really consider Bitcoin as a business for investors because business is what gives someone return almost all the time which means that it is not business for investors but it can be a business for traders because they trade to get return every day or some days which most times doesn't give the return. And for your Information, short term investment doesn't and can never reduce any risk instead you will stand a higher chance of losing your money and please don't Infect pleb with your trading mentality.

[MainIbem]

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

This is sell sell sell ideology which is trading not investment and can mislead a newbie just as it has led many to losses than gains. The want to understand the market is associated with buying the dip and trading of which not necessary for some investors who are using DCA strategy. Short term investment is riskier and doesn't reduce any risk as you said @couragelevi or better still can you explain what you mean by "short time investment can help reduce the risk".
There is need to be specific when talking about trading and or buying the dip so that newbies will have clear idea of what is being discussed to avoid misconception.

That's true, he's referring to short time investment whereas Bitcoin investment an investment with long term features, i don't see how short time (trading) helps reduce risks and plan better, although traders would have to study and understand the market but this thread isn't for trading but to teach and encourage people concerning holding. Maybe his confusion originated from the sell sell sell in the subject but it says buy buy buy or sell sell sell and we all know buy and holding is more preferable to selling too quickly.

[IceLincoln]

On paper this plan may seem very simple and tempting that when the price goes up I will sell it again and when it goes down I will buy it again and increase my Bitcoin. But in reality I think it is an extreme suicide trap created by traders.

When you think that the price of Bitcoin has increased quite a bit do one thing sell it now and pocket the profit. When the price goes down a little bit either buy more Bitcoin at a lower price. Which will never give you the opportunity to enter at a lower price again. Then you will either have to buy that Bitcoin back at a higher price. Or you will suffer the pain of losing Bitcoin permanently.

Bitcoin is the most solid asset in the world. It is not the job of any prudent investor to sell this valuable asset empty handed just to gamble on buying it at a slightly lower price. In addition you will have to pay taxes and exchange fees on frequent purchases which further lightens your portfolio.

So for those who think it is better to buy Bitcoin when the price is low and sell it again when the price increases. I would tell them to give up their failed attempts at market timing. Do regular DCA with your surplus money and quietly HODL for the long term. Trying to increase the number by trading Bitcoin becomes the reason for most people to reduce or sell Bitcoin.

Well said @Stive009, Approaching bitcoin with such mindset will only limit our progress. Trading is not an efficient way to go about bitcoin investment.
We often talk about the mindset of investors, chasing after profits in the short term price movement is only damaging our investing mentality. I don’t care what anybody says people who practice trading are never good investors (holders) cause the psychology involved in buying the dip to sell when price pumps will surely mess with your overall mentality as an investor.

[Marvelockg]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

There is need to be specific when talking about trading and or buying the dip so that newbies will have clear idea of what is being discussed to avoid misconception.

To a reasonable degree, we can assume that most investors both the ones that are new in the ecosystem already knows want they want before joining the forum and the entire bitcoin ecosystem. some from start have decided that they want to gamble with their asset and believe that they can go about it the smart way without loosing. such a one will get all these ideas but will never change because they have already decided what they want to do.

To benefit from bitcoin as an investor, you have to be intentional about it and never wait to be pushed into making the right investment decision before doing so. short term investors are just people that lacks the discipline to staying through the different phase that real investors pass though and they fail at it because they are not intentional about getting the best out of their asset.

[Saltysugar99]

That's true, he's referring to short time investment whereas Bitcoin investment an investment with long term features, i don't see how short time (trading) helps reduce risks and plan better, although traders would have to study and understand the market but this thread isn't for trading but to teach and encourage people concerning holding. Maybe his confusion originated from the sell sell sell in the subject but it says buy buy buy or sell sell sell and we all know buy and holding is more preferable to selling too quickly.

I agree with you a lot. And I think the main problem is putting investment and trading in the same framework. If you plan to buy and sell Bitcoin after seeing the price movement of a few months, it is closer to trading than long-term accumulation. If the main topic of this thread is Bitcoin accumulation and holding, then just because the word sell is in the title, we do not have to find any justification for selling. It is more important for an investor to create a buying plan according to his cashflow that he can continue for a long time. If you plan to sell and buy back at a lower price later, then two decisions have to be made at the same time, when to sell and when to buy again. If you make one mistake, your Bitcoin quantity can decrease. On the other hand, a person who buys regularly according to his ability and moves forward with a horizon of a few years, at least he does not have to try to beat the market every time. So for me, the buying and holding approach is more practical, especially for those who have not yet accumulated enough Bitcoin.

On paper this plan may seem very simple and tempting that when the price goes up I will sell it again and when it goes down I will buy it again and increase my Bitcoin. But in reality I think it is an extreme suicide trap created by traders.

When you think that the price of Bitcoin has increased quite a bit do one thing sell it now and pocket the profit. When the price goes down a little bit either buy more Bitcoin at a lower price. Which will never give you the opportunity to enter at a lower price again. Then you will either have to buy that Bitcoin back at a higher price. Or you will suffer the pain of losing Bitcoin permanently.

Bitcoin is the most solid asset in the world. It is not the job of any prudent investor to sell this valuable asset empty handed just to gamble on buying it at a slightly lower price. In addition you will have to pay taxes and exchange fees on frequent purchases which further lightens your portfolio.

So for those who think it is better to buy Bitcoin when the price is low and sell it again when the price increases. I would tell them to give up their failed attempts at market timing. Do regular DCA with your surplus money and quietly HODL for the long term. Trying to increase the number by trading Bitcoin becomes the reason for most people to reduce or sell Bitcoin.

Well said @Stive009, Approaching bitcoin with such mindset will only limit our progress. Trading is not an efficient way to go about bitcoin investment.
We often talk about the mindset of investors, chasing after profits in the short term price movement is only damaging our investing mentality. I don’t care what anybody says people who practice trading are never good investors (holders) cause the psychology involved in buying the dip to sell when price pumps will surely mess with your overall mentality as an investor.

Trading and long-term investing have different mindsets, and trying to sell the same Bitcoin stash and buy it back cheaper over and over again increases the risk of defeating the accumulation goal. Some traders may do well at times, but it is much harder to consistently beat investors over the long term. If an investor has not yet accumulated enough Bitcoin, then the most important measurement for him should be whether his Bitcoin quantity is gradually increasing. And this is where the problem of psychology comes in. Once a person starts paying excessive attention to price movement for short-term profit, then his thoughts shift from how much Bitcoin am I accumulating? to how much dollar profit did I make? This mindset begins. If you want to trade, that is a different decision, and anyone can do whatever they want with their own money. But I don't see enough reason to present trading as less risky or more efficient than long-term Bitcoin investing.

[Charcol]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Your statement is absolutely correct, Bitcoin is a business where you must take a risk if you want to make profit.
but you must also be sensitive by making your decision, short time investment can help you reduce the risk and plan
better  again, short time investment also gives you the opportunity to study and understand the market very well.

The argument of calling Bitcoin a business seems to me to be definitely wrong. Because buying Bitcoin is not the same as running a business. In business, there are usually important things like products or services, income and expenses, management and cash flow. But buying Bitcoin is investing in an asset. An asset that gives you a lot of chances to secure your future. In business, our target is usually to make a profit from the beginning. But the main objective of a real investor is to gradually strengthen his position with his discretionary income. Profit may come later, but do not think about profit at the beginning.

Again, short-term investment reduces risk. There may be a misunderstanding here too. Rather, if you think about profit in the short term, your dependence on price movements increases and at the same time, wrong decisions may also increase.