Buy Buy Buy or Sell Sell Sell?

[Derekfunds]

People find it difficult to understand that waiting for dip can become habit of doing nothing at the end, because you can waste much of your time waiting.thinking that you are be patient while someone people are building a bitcoin position. There is no professional investor that can predict when dip will actually happen or whether the market will move as their expectation, but the amount of bitcoin you can accumulate is things you have some control over. I think focusing on what you can have control over is the best approach, because you can have enough time to keep accumulating over time, if dip later arrives, is another opportunity to accumulate more of it.

This habit of waiting for the dip has made some people decide not to invest in Bitcoin again. most people that wait for dip still end up accumulate at the top price because the price of Bitcoin did not down as they planned.It is funny to always see people trying to predict the Bitcoin market price. I always think, how is it possible for someone to think they can predict the price of Bitcoin that millions of people are making decisions about? It is not a single person who is in control of it.Everyone should understand that while some of us are thinking about waiting for the price to drop, some people else are thinking about how to buy more. So, if anyone understands that different people are making their own decisions about Bitcoin, it becomes very clear that trying to predict the price of Bitcoin is just a matter of waiting and hoping that the market moves according to your prediction.

I have a friend who had the money to invest in Bitcoin when the price was down, but he refused to invest because he had been seeing people on social media saying that the price of Bitcoin would fall further. I told him that those people were only making assumptions based on their own opinions; they did not know what would actually happen to the price of Bitcoin.But he did not listen. That is how he kept waiting for the Bitcoin price to fall to his target price. Bitcoin never came down to his target, and that is how it took him so long to  start investing. Later, he ended up still buying at a higher price than the price Bitcoin wanted to invest at first.

We will continue to see those who miss the opportunity to invest in Bitcoin. To be honest, it’s not as if some people are really waiting for the price to drop to their target. We have many people who are waiting for a day when they will see that Bitcoin no longer exist, they do not believe that bitcoin will be greater than this in the future because they don’t believe it’s different than other shitcoins that have failed people after making promises.

After missing the opportunity to buy when the price was lower than this, at least your friend has made the right decision to buy despite the current market price. If it were some people they wouldn’t buy anymore, even after realizing their mistake in the past. Life does give us another chance sometimes after making mistakes in the past. I hope those who made a mistake can still make it right again and start over.

It's not still late to start over again for those who believe that bitcoin will end up like other crypto, many people who never invested in the past feeling that bitcoin is a scam investment are already regretting it today because bitcoin is still in existence but instead of regretting they can start now and utilize this opportunity that bitcoin price is still low and start investing in bitcoin, those also waiting for more to see more dip from bitcoin before they can start investing may not see this opportunity again as bitcoin may not dip to what they are expecting instead the price will start increasing so this is an opportunity for those waiting to buy the dip and hodl.

Anyone who is still seeing Bitcoin as a scam in this very age or era must have this primitive sense because Bitcoin is way passed the stage where someone will still be calling or thinking it is a scam. If institutions and organizations etc are storing/saving money in Bitcoin for future then who is an ordinary individual that their impact on the market is not even recognized. However, the fact that Bitcoin is a good asset doesn't mean I will go and convince someone to start investing no, I can only tell one things they ought to know then whether to invest or not should be their decision.

[Tetu100]

Anyone who is still seeing Bitcoin as a scam in this very age or era must have this primitive sense because Bitcoin is way passed the stage where someone will still be calling or thinking it is a scam. If institutions and organizations etc are storing/saving money in Bitcoin for future then who is an ordinary individual that their impact on the market is not even recognized. However, the fact that Bitcoin is a good asset doesn't mean I will go and convince someone to start investing no, I can only tell one things they ought to know then whether to invest or not should be their decision.

Everybody has the the right in venturing into any investment of their choice, that's not a problem but citing or calling Bitcoin to be scam is totally unacceptable. However I am not saying this out of emotions but by fact and based on evidence that Bitcoin has shown and proven over the years.

Yes, I can understand it now that the like that usually see Bitcoin to be scam or spread false narrative about Bitcoin are the people that came in to Bitcoin investment with the intention of making quick profits in a short time, but probably became frustrated since they couldn't achieve what they literally want in a short term (more of a trading mindset). However, by justifying their failed moved decided to come up with such lyes about Bitcoin investment just to feel more better. Lol.. sometimes frustration can make someone start seeing things from the opposite direction.

[Rhow]

It's true ones income really do matters but I wouldn't put it that way. I believe what really matters is your expenses and as you said how you manage them. With a reasonable income and less expenses you tend to have more discretionary income that allows you to invest as it pleases you and also have enough to set aside back up funds. It's really about planning your investment to work in line with your income and expenses without stressing over it.

For beginners they need to start slow until they have fully understand how investment goes before they start putting more into buying Bitcoin. Of course expenses are first to be sorted but we need to put into consideration the unnecessary expenses in order to create more discretionary income. No strategy requires one to ignore their expenses, they are the most important thing to sort out before anything else.

Most of us can spare money from our monthly income that we can't need to next 4 years or more. If we keep on investing that money regularly in Bitcoin than we can have good stash after 10 years. Our future is in our own hands and its up to us whether we want to improve our financial conditions through Bitcoin or want to remain same as we are today. Many people know that Bitcoin is profitable investment yet they keep on delaying their first investment in Bitcoin because they are afraid of taking any risk. Such people will remain same or will go even backward from their current financial position in coming years. 

Bitcoin should generally be viewed by investors as a savings rather than a profit. Because in many cases, thinking about profit can lead a person to greed when the price is high. But yes, we can say that Bitcoin can have the potential to make a profit. But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin. There are already numerous strong arguments in favor of Bitcoin, so there is no need to say that the future is certain when making an argument in favor of Bitcoin. Instead, I will say this: if you have discretionary income after all the hardships are met and if you consider Bitcoin to be a valuable asset in the long term, then only the absolute entry price  It may be reasonable to gradually solidify your own position rather than sitting around waiting.

[Sim_card]

But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin.

It's your money and you can put it whenever you want because from your post it's like you're discouraging people not to see bitcoin investment as a good one. Why bitcoin will continue to surpass any other form of asset or business in future that you put your money in is because bitcoin gives you the access to be your own bank through her decentralized nature and it's still young in the sense that only a few percentage of the world population have adopted bitcoin so, the future is still very bright.

If you invest in any traditional asset, you should that it's prone to inflation and overtime and that will definitely affect its performance because Fiat losses its purchasing power overtime. Don't get it twisted, bitcoin investors long term holders will be the richest people in future.

[Hardyrobust]

Anyone who is still seeing Bitcoin as a scam in this very age or era must have this primitive sense because Bitcoin is way passed the stage where someone will still be calling or thinking it is a scam. If institutions and organizations etc are storing/saving money in Bitcoin for future then who is an ordinary individual that their impact on the market is not even recognized. However, the fact that Bitcoin is a good asset doesn't mean I will go and convince someone to start investing no, I can only tell one things they ought to know then whether to invest or not should be their decision.

Everybody has the the right in venturing into any investment of their choice, that's not a problem but citing or calling Bitcoin to be scam is totally unacceptable. However I am not saying this out of emotions but by fact and based on evidence that Bitcoin has shown and proven over the years.

Yes, I can understand it now that the like that usually see Bitcoin to be scam or spread false narrative about Bitcoin are the people that came in to Bitcoin investment with the intention of making quick profits in a short time, but probably became frustrated since they couldn't achieve what they literally want in a short term (more of a trading mindset). However, by justifying their failed moved decided to come up with such lyes about Bitcoin investment just to feel more better. Lol.. sometimes frustration can make someone start seeing things from the opposite direction.

It is important for everyone that is investing in bitcoin to have the right mindset before starting to invest in bitcoin because it is only those that doesn't understand bitcoin will say that bitcoin is a scam. When someone started with the mindset of making quick profit and as we know it is not possible for anyone to outsmart the market. So at the end they will be disappointed and will see bitcoin in a negative light. The problem with most folks is that they ventured into bitcoin with the wrong expectations, and not knowing that bitcoin only rewards long term investors, that are patient and consistent with there bitcoin accumulation. The way people see bitcoin will definitely determine how they will approach it. Hence, it is crucial for anyone that wants to invest in bitcoin to have the right mindset.

[ultrloa]

But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin.

It's your money and you can put it whenever you want because from your post it's like you're discouraging people not to see bitcoin investment as a good one. Why bitcoin will continue to surpass any other form of asset or business in future that you put your money in is because bitcoin gives you the access to be your own bank through her decentralized nature and it's still young in the sense that only a few percentage of the world population have adopted bitcoin so, the future is still very bright.

If you invest in any traditional asset, you should that it's prone to inflation and overtime and that will definitely affect its performance because Fiat losses its purchasing power overtime. Don't get it twisted, bitcoin investors long term holders will be the richest people in future.

Maybe they did not see the real potential of Bitcoin that's why they still have those doubts, but if they long at its strong fundamentals like it have fix supply, the adoption is growing globally then its decentralize nature makes it more unique and have long term potential.

But aside from telling all those positive things, much really better for them that there's no guaranteed or short cut to became rich.

Bitcoin does really have a great future. but its strength came from independence on inflations, security, also its scarcity feature and not by the hype.

[Gost ms]

But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin.

A person who buys without depending on his financial situation may have such a situation, but a beautiful future may await a person who buys with proper financial management and plans for the long term. Bitcoin rewards the person who invests with patience and discipline.

We may be able to afford not to buy Bitcoin now, but in the future we may have to regret this decision the most. Because Bitcoin is completely decentralized and everyone wants the security of their financial situation and everyone wants to control their financial situation so that there is no third party interference in their financial situation. Everyone wants to be protected from inflation and the most effective way to protect themselves from inflation is Bitcoin.

[Muba20]

Coming from a poor back ground doesn't mean that the person can't exercise patience. There are still rich people that lacks patience that can't be able to withstand pressure . Being patients has nothing to do with an individual background or financial status. Patient is a virtue that both poor and the rich can posses.
Even the rich still wants to make more money and there poor people that are content with what they have that they can be able to exercise patience more than some rich folks. Bitcoin investment isn't just for the rich alone but it is for both the rich and the poor and being patient has nothing to with individual status .

The lack of understanding often provides a very good reason why someone may not be fit to invest in Bitcoin. Some people conclude that if one is not rich or not earning a significant amount, it is impossible to invest in Bitcoin.

One's earnings are never a problem in Bitcoin investment; the main issue is mindset, which results from a lack of understanding. Having a good mindset concerning Bitcoin makes investment possible irrespective of what one earns. Money does not guarantee patience; it is understanding that fosters patience, as it helps one to know what they are investing in. It is impossible to have patience about something one doesn't clearly understand.

Mindset is definitely important in investing. But you are probably mistaking mental preparation for financial capability. Yes, someone may have a good idea about Bitcoin or may have a mindset to hold it for the long term. But the problem is that if his entire income ends up in rent, food, medical care, family and other necessary expenses, then he probably won't be able to buy Bitcoin just because he has a good mindset.

I agree with you to some extent that the amount of income alone does not determine the decision. Because despite someone's income, he may have discretionary income. Again, in many cases, a person with a high income may not have any discretionary income due to loans and major responsibilities. The main consideration is whether he has discretionary income after all the necessary expenses. If he does, he can start with $10. If not, then no matter how positive his mindset is about Bitcoin, buying with the money he needs can actually put him in a position where he is forced to sell in the future.

[Crytohillss]

Anyone who is still seeing Bitcoin as a scam in this very age or era must have this primitive sense because Bitcoin is way passed the stage where someone will still be calling or thinking it is a scam. If institutions and organizations etc are storing/saving money in Bitcoin for future then who is an ordinary individual that their impact on the market is not even recognized. However, the fact that Bitcoin is a good asset doesn't mean I will go and convince someone to start investing no, I can only tell one things they ought to know then whether to invest or not should be their decision.

Everybody has the the right in venturing into any investment of their choice, that's not a problem but citing or calling Bitcoin to be scam is totally unacceptable. However I am not saying this out of emotions but by fact and based on evidence that Bitcoin has shown and proven over the years.

Yes, I can understand it now that the like that usually see Bitcoin to be scam or spread false narrative about Bitcoin are the people that came in to Bitcoin investment with the intention of making quick profits in a short time, but probably became frustrated since they couldn't achieve what they literally want in a short term (more of a trading mindset). However, by justifying their failed moved decided to come up with such lyes about Bitcoin investment just to feel more better. Lol.. sometimes frustration can make someone start seeing things from the opposite direction.

It is important for everyone that is investing in bitcoin to have the right mindset before starting to invest in bitcoin because it is only those that doesn't understand bitcoin will say that bitcoin is a scam. When someone started with the mindset of making quick profit and as we know it is not possible for anyone to outsmart the market. So at the end they will be disappointed and will see bitcoin in a negative light. The problem with most folks is that they ventured into bitcoin with the wrong expectations, and not knowing that bitcoin only rewards long term investors, that are patient and consistent with there bitcoin accumulation. The way people see bitcoin will definitely determine how they will approach it. Hence, it is crucial for anyone that wants to invest in bitcoin to have the right mindset.

Ofcourse dude, you are very correct some folks doesn't understand the worlth of Bitcoin most of them do not have the knowledge of what Bitcoin is about that's why they regard Bitcoin as a scams, so the way people see Bitcoin will truly determine how they really approach Bitcoin investment. Yes it is not possible to over step ahead of the market because sometimes Bitcoin increase and also decreases so it is very important to have the knowledge before one can embark on Bitcoin investment.

[IceLincoln]

It's true ones income really do matters but I wouldn't put it that way. I believe what really matters is your expenses and as you said how you manage them. With a reasonable income and less expenses you tend to have more discretionary income that allows you to invest as it pleases you and also have enough to set aside back up funds. It's really about planning your investment to work in line with your income and expenses without stressing over it.

For beginners they need to start slow until they have fully understand how investment goes before they start putting more into buying Bitcoin. Of course expenses are first to be sorted but we need to put into consideration the unnecessary expenses in order to create more discretionary income. No strategy requires one to ignore their expenses, they are the most important thing to sort out before anything else.

Most of us can spare money from our monthly income that we can't need to next 4 years or more. If we keep on investing that money regularly in Bitcoin than we can have good stash after 10 years. Our future is in our own hands and its up to us whether we want to improve our financial conditions through Bitcoin or want to remain same as we are today. Many people know that Bitcoin is profitable investment yet they keep on delaying their first investment in Bitcoin because they are afraid of taking any risk. Such people will remain same or will go even backward from their current financial position in coming years.  

Bitcoin should generally be viewed by investors as a savings rather than a profit. Because in many cases, thinking about profit can lead a person to greed when the price is high. But yes, we can say that Bitcoin can have the potential to make a profit. But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin. There are already numerous strong arguments in favor of Bitcoin, so there is no need to say that the future is certain when making an argument in favor of Bitcoin. Instead, I will say this: if you have discretionary income after all the hardships are met and if you consider Bitcoin to be a valuable asset in the long term, then only the absolute entry price  It may be reasonable to gradually solidify your own position rather than sitting around waiting.

Yes there may be other forms of businesses or investments which can be profitable but most of them when measured against Bitcoin are inconsequential. Then again this thread is dedicated to discussing Bitcoin; how we invest, hold and maintain our financial stability.
If you wish to invest in Bitcoin and you have discretionary money available why else would you be delaying starting your investment?. Most people who delay or procrastinate, in most cases never amount to anything in life. The same way they delayed and didn’t start investing in Bitcoin, they would also do so with other investments. The best way to live is to be proactive; take action when necessary cause Delay is dangerous.

[Gragebox]

But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin.

A person who buys without depending on his financial situation may have such a situation, but a beautiful future may await a person who buys with proper financial management and plans for the long term. Bitcoin rewards the person who invests with patience and discipline.

We may be able to afford not to buy Bitcoin now, but in the future we may have to regret this decision the most. Because Bitcoin is completely decentralized and everyone wants the security of their financial situation and everyone wants to control their financial situation so that there is no third party interference in their financial situation. Everyone wants to be protected from inflation and the most effective way to protect themselves from inflation is Bitcoin.

Bitcoin without attention of personal finances can bring a lot of stress. Investing in bitcoin; you must control your personal accounts. Do not risk more than you should, and hold for a longer period.bitcoin itself does not bring profit for sure.but prudent investments can lead you not to get in hysterics.

And, it should be considered that decentralized bitcoin is the best one of it .we should be the owners of money and not be dependent on one.

We may also consider this asset by cause of inflation, but not as the guarantee for that.

[Homemade-IQ]

Bitcoin without attention of personal finances can bring a lot of stress. Investing in bitcoin; you must control your personal accounts. Do not risk more than you should, and hold for a longer period.

 
Yes of course, if you want to invest in bitcoin, it's very important that you invest within your means, only what you can afford to lose, so that you wouldn't sell in panic if their is a dip in the market.

bitcoin itself does not bring profit for sure.

This statement here is misleading because those that have invested in Bitcoin and held it for long may have been in profit by now. What you should be saying is that Bitcoin investment doesn't guarantees profit because nothing is that certain in today's world.

[Lembo69]

Yes there may be other forms of businesses or investments which can be profitable but most of them when measured against Bitcoin are inconsequential. Then again this thread is dedicated to discussing Bitcoin; how we invest, hold and maintain our financial stability.
If you wish to invest in Bitcoin and you have discretionary money available why else would you be delaying starting your investment?. Most people who delay or procrastinate, in most cases never amount to anything in life. The same way they delayed and didn’t start investing in Bitcoin, they would also do so with other investments. The best way to live is to be proactive; take action when necessary cause Delay is dangerous.

Those who are in financial crisis just sell a small part after their living expenses and invest from it. For them, staying invested is like a big fight. Still, they are investing because they know that this may be a profit opportunity in the future, Bitcoin may also bring them profit. I only think of those who have enough money to invest in Bitcoin but they are not investing, due to some reason or the other, or they just want to understand if Bitcoin is really capable of making profit, they are holding back from investing because of this kind of thinking, and when they see others making profit, they really regret it. In my opinion, every person should have an investment in their life that no one else knows about. And as that investment, Bitcoin can be the best investment

[HajiBagi]

Anyone who is still seeing Bitcoin as a scam in this very age or era must have this primitive sense because Bitcoin is way passed the stage where someone will still be calling or thinking it is a scam. If institutions and organizations etc are storing/saving money in Bitcoin for future then who is an ordinary individual that their impact on the market is not even recognized. However, the fact that Bitcoin is a good asset doesn't mean I will go and convince someone to start investing no, I can only tell one things they ought to know then whether to invest or not should be their decision.

Everybody has the the right in venturing into any investment of their choice, that's not a problem but citing or calling Bitcoin to be scam is totally unacceptable. However I am not saying this out of emotions but by fact and based on evidence that Bitcoin has shown and proven over the years.

Yes, I can understand it now that the like that usually see Bitcoin to be scam or spread false narrative about Bitcoin are the people that came in to Bitcoin investment with the intention of making quick profits in a short time, but probably became frustrated since they couldn't achieve what they literally want in a short term (more of a trading mindset). However, by justifying their failed moved decided to come up with such lyes about Bitcoin investment just to feel more better. Lol.. sometimes frustration can make someone start seeing things from the opposite direction.

Calling bitcoin a scam? I don’t think the person knows the bitcoin is talking about, although sometimes it doesn’t favour some people when they invest in bitcoin because of their lack of understanding, experience and some other things that happen to them, but that doesn’t mean that bitcoin is a scam, there will never be an investment that will be better than bitcoin, if bitcoin were a scam i don’t think it would be in the position it is in today. Bitcoin is different from other cryptocurrencies, if you want to invest in bitcoin you must learn more about even if you already have knowledge about it, I don’t see any reason why a person should be frustrated with bitcoin simply because the market did not go as he expected, it is not compulsory to invest in bitcoin, it is by choice.

[Barikui1]

Those who are in financial crisis just sell a small part after their living expenses and invest from it. For them, staying invested is like a big fight. Still, they are investing because they know that this may be a profit opportunity in the future, Bitcoin may also bring them profit.

When you are in such a situation whereby you are struggling to invest, because your income may be too small or your basic needs are way larger than your income, you shouldn't be talking about investing in Bitcoin because it would be unsustainable, that's why I believe that such person should prioritize seeking for more source of discretionary income, because without him figuring out his discretionary income and he still presses further to invest, just because he really wanted to, it will be unsustainable, and it will only be but a matter of time before he falls back to his bitcoin investment to sort out some of his basic needs that was ignored earlier on.

So such person should look an additional source of discretionary income, so that he can invest, because without him having a discretionary income, he cannot invest in Bitcoin consistently, as he should have.

[Tongley]

Ofcourse dude, you are very correct some folks doesn't understand the worlth of Bitcoin most of them do not have the knowledge of what Bitcoin is about that's why they regard Bitcoin as a scams, so the way people see Bitcoin will truly determine how they really approach Bitcoin investment. Yes it is not possible to over step ahead of the market because sometimes Bitcoin increase and also decreases so it is very important to have the knowledge before one can embark on Bitcoin investment.

A person does not need much knowledge to start investing in Bitcoin, only if he can acquire common sense then he can start investing. Common sense does not say that one needs to know much except that they are able to calculate discretionary income or not. If a person is able to find discretionary income then he can definitely start investing and at the same time continue to gain knowledge.

Moving forward in parallel is the best decision. For example, the first step is to start investing and after starting investing, continue to gain knowledge. Moving forward in parallel and simultaneously taking the necessary steps for investment. Whenever you wait for gaining knowledge, you may miss out on many buying opportunities etc.

[Stive009]

Those who are in financial crisis just sell a small part after their living expenses and invest from it. For them, staying invested is like a big fight. Still, they are investing because they know that this may be a profit opportunity in the future, Bitcoin may also bring them profit.

When you are in such a situation whereby you are struggling to invest, because your income may be too small or your basic needs are way larger than your income, you shouldn't be talking about investing in Bitcoin because it would be unsustainable, that's why I believe that such person should prioritize seeking for more source of discretionary income, because without him figuring out his discretionary income and he still presses further to invest, just because he really wanted to, it will be unsustainable, and it will only be but a matter of time before he falls back to his bitcoin investment to sort out some of his basic needs that was ignored earlier on.

So such person should look an additional source of discretionary income, so that he can invest, because without him having a discretionary income, he cannot invest in Bitcoin consistently, as he should have.

Meeting basic needs is definitely the first priority but people with low incomes should not think of investing in Bitcoin. I disagree with this idea. Bitcoin is for people of all classes rich or poor. No matter how low the income it is possible to start DCA with a very small amount every week or month with discipline. You can build a large fund in the long run by accumulating Satoshi little by little. The longer you delay investing the smaller your portfolio will be and you will fall behind others.

I agree with this idea of ​​finding an additional source of discretionary income. If your current income does not allow you to meet your basic needs and invest then giving up on investing is not the solution. Rather it can be a great motivation to find new sources of income to develop skills or work part time. Bitcoin teaches people to save and improve themselves.

[Alonso_]

Those who are in financial crisis just sell a small part after their living expenses and invest from it. For them, staying invested is like a big fight. Still, they are investing because they know that this may be a profit opportunity in the future, Bitcoin may also bring them profit.

When you are in such a situation whereby you are struggling to invest, because your income may be too small or your basic needs are way larger than your income, you shouldn't be talking about investing in Bitcoin because it would be unsustainable, that's why I believe that such person should prioritize seeking for more source of discretionary income, because without him figuring out his discretionary income and he still presses further to invest, just because he really wanted to, it will be unsustainable, and it will only be but a matter of time before he falls back to his bitcoin investment to sort out some of his basic needs that was ignored earlier on.

So such person should look an additional source of discretionary income, so that he can invest, because without him having a discretionary income, he cannot invest in Bitcoin consistently, as he should have.

Meeting basic needs is definitely the first priority but people with low incomes should not think of investing in Bitcoin. I disagree with this idea. Bitcoin is for people of all classes rich or poor. No matter how low the income it is possible to start DCA with a very small amount every week or month with discipline. You can build a large fund in the long run by accumulating Satoshi little by little. The longer you delay investing the smaller your portfolio will be and you will fall behind others.

I agree with this idea of ​​finding an additional source of discretionary income. If your current income does not allow you to meet your basic needs and invest then giving up on investing is not the solution. Rather it can be a great motivation to find new sources of income to develop skills or work part time. Bitcoin teaches people to save and improve themselves.

So have you started investing in bitcoin, because you seems to be dishing out so much advice, well you have said it all, you prioritize your well being first before you start investing in Bitcoin or whatever investment that you’re going into, you need money to invest in Bitcoin, if you have taken care of yourself and your basic needs and wants, and I think it makes sense to differentiate between needs and wants, then you have to figure out your discretionary income, if you have successfully figured your discretionary income, what you do is start buying bitcoin immediately, as time goes on you have to figure out how to save your backup funds or emergency funds, and you can also figure out how to keep some fiats somewhere for sustainability purposes.

[elman007]

Those who are in financial crisis just sell a small part after their living expenses and invest from it. For them, staying invested is like a big fight. Still, they are investing because they know that this may be a profit opportunity in the future, Bitcoin may also bring them profit.

When you are in such a situation whereby you are struggling to invest, because your income may be too small or your basic needs are way larger than your income, you shouldn't be talking about investing in Bitcoin because it would be unsustainable, that's why I believe that such person should prioritize seeking for more source of discretionary income, because without him figuring out his discretionary income and he still presses further to invest, just because he really wanted to, it will be unsustainable, and it will only be but a matter of time before he falls back to his bitcoin investment to sort out some of his basic needs that was ignored earlier on.

So such person should look an additional source of discretionary income, so that he can invest, because without him having a discretionary income, he cannot invest in Bitcoin consistently, as he should have.

Meeting basic needs is definitely the first priority but people with low incomes should not think of investing in Bitcoin. I disagree with this idea. Bitcoin is for people of all classes rich or poor. No matter how low the income it is possible to start DCA with a very small amount every week or month with discipline. You can build a large fund in the long run by accumulating Satoshi little by little. The longer you delay investing the smaller your portfolio will be and you will fall behind others.


I agree with this idea of ​​finding an additional source of discretionary income. If your current income does not allow you to meet your basic needs and invest then giving up on investing is not the solution. Rather it can be a great motivation to find new sources of income to develop skills or work part time. Bitcoin teaches people to save and improve themselves.

So have you started investing in bitcoin, because you seems to be dishing out so much advice, well you have said it all, you prioritize your well being first before you start investing in Bitcoin or whatever investment that you’re going into, you need money to invest in Bitcoin, if you have taken care of yourself and your basic needs and wants, and I think it makes sense to differentiate between needs and wants, then you have to figure out your discretionary income, if you have successfully figured your discretionary income, what you do is start buying bitcoin immediately, as time goes on you have to figure out how to save your backup funds or emergency funds, and you can also figure out how to keep some fiats somewhere for sustainability purposes.

Those with low incomes can also invest if they can meet their basic needs properly, and at the end, they can invest with a small amount of money saved up. However, it is better not to invest money that will cause problems in the daily life of an investor if they lose it. He should invest only with the money that will be saved up to meet all his needs. This is why the Bitcoin market has risen significantly. For those who have some money saved up to save, the DCA strategy can be the best strategy

[@nn@_pen9]

But I cannot agree with your statement that just because someone does not buy Bitcoin, their financial situation will remain the same or will lag behind in the future. Someone can increase their income, reduce their loans, build a business or save in other assets without buying Bitcoin. Again, if someone buys Bitcoin and uses the necessary money, takes an excess position or is forced to sell in the middle, then their financial situation will not be better just because they bought Bitcoin.

A person who buys without depending on his financial situation may have such a situation, but a beautiful future may await a person who buys with proper financial management and plans for the long term. Bitcoin rewards the person who invests with patience and discipline.

We may be able to afford not to buy Bitcoin now, but in the future we may have to regret this decision the most. Because Bitcoin is completely decentralized and everyone wants the security of their financial situation and everyone wants to control their financial situation so that there is no third party interference in their financial situation. Everyone wants to be protected from inflation and the most effective way to protect themselves from inflation is Bitcoin.

Bitcoin without attention of personal finances can bring a lot of stress. Investing in bitcoin; you must control your personal accounts. Do not risk more than you should, and hold for a longer period.bitcoin itself does not bring profit for sure.but prudent investments can lead you not to get in hysterics.

And, it should be considered that decentralized bitcoin is the best one of it .we should be the owners of money and not be dependent on one.

We may also consider this asset by cause of inflation, but not as the guarantee for that.

If Bitcoin didn't generate a profit, people certainly wouldn't invest in it. I feel that perspective is somewhat off base. People who invest in the asset do so because they see its potential they act based on understanding and insight, rather than just investing haphazardly. As you mentioned earlier, I agree that when investing in Bitcoin or any asset we need to consider other factors so that our investments aren't jeopardized by the pressures of daily living expenses. You claim Bitcoin causes inflation? Are you sure about that? Investing in Bitcoin essentially preserves the value of our money for the future, protecting it from being eroded by inflation.