Buy Buy Buy or Sell Sell Sell?

[ruykeri]

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.

I mostly agree with your main point that a new person does not need to study for years and become an expert in Bitcoin before investing their first $10 or $20. But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

[Umulala-alala]

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.

I mostly agree with your main point that a new person does not need to study for years and become an expert in Bitcoin before investing their first $10 or $20. But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

Your comment is very confusing and also contradicting, you don't need to be waiting to gain more knowledge or to study more about bitcoin investment before you can start buying bitcoin doing this you are just delaying your investment and also missing some good buying opportunity this thing has made some persons to be a no coiner today, start buying bitcoin if your discretionary income is with you ready and available then you can gradually start buying bitcoin, with the dca strategy you can buy bitcoin every weeks or months and hodl for 4-10 years and above.

[samadam007]

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

You need to be careful with the kind of advice you drop on here so folks don’t get misled easily. If investor keeps selling part of their Bitcoin every time challenges comes up, tell me how they’re supposed to build a good position over time?.  You can’t turn that to habit whenever life gets difficult and still expect that position to grow meaningfully over the years. Never!

A sustainable long term plan is the only way to avoid being in situations like that; you need to build your financial foundation along side your Bitcoin position. Keep enough cash for emergencies and basic needs so you don’t start start tampering with your portfolio anyhow.

[Soldroplet]

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.

I mostly agree with your main point that a new person does not need to study for years and become an expert in Bitcoin before investing their first $10 or $20. But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

I agree with your main point that you don't need to be an expert for years before starting Bitcoin and that anyone can start accumulating Bitcoin with a small amount if they want. However, I see the issue of "missing the opportunity" a little differently. In my opinion, we cannot say for sure whether the current price of Bitcoin will be cheap or expensive compared to the future. Therefore, the main goal should not be to find the best price, but to create a Bitcoin accumulation system that can be realistically continued in the long term according to your cashflow, discretionary income and backup funds.
Even if someone has a small amount of extra money, they can start investing with a small amount; it is not mandatory to have great knowledge when starting. It is possible to gradually learn about Bitcoin and improve your financial management along with investing. That is, learning will continue, but there is no need to completely postpone accumulation to learn. For example, a person has not yet started investing in Bitcoin, having gained knowledge about investing, while his friend has accumulated more wealth than him by gaining knowledge as well as investing.

[Sulegzy39]

Cryptocurrency needs to be seen by investors as a savings tool instead of a profit generator. Because thinking about profit can sometimes lead to greed when the price is high. But, yes, Bitcoin has the potential to be profitable. But I disagree with your assertion that simply because someone does not acquire Bitcoin, their financial status will remain unchanged or would fall behind in the future. Without purchasing Bitcoin, a person can boost their income, pay off debt, start a business, or save for other purposes.

Once again, if an individual purchases Bitcoin and then spends the money, takes an excessive position, or is forced to sell in the middle, their financial status will not improve simply because they purchased Bitcoin. There are already many convincing reasons in favour of Bitcoin, therefore there is no need to claim that the future is assured while presenting a case for it. Instead, I will say this: if you have discretionary income once all the hardships are satisfied and you think Bitcoin to be a great asset in the long run, then just the absolute entry price It could be more sensible to gradually cement your own opinion instead of just sitting about hoping.

[Frankolala]

But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

You don't understand the statement 'miss opportunities in the market' what it simply mean is that, the time that you're busy waiting, you should be using it to accumulate bitcoin and keep increasing your portfolio overtime to a good size instead, of waiting and staying a low coiner. Don't also forget that bitcoin price increases overtime and the price wouldn't wait for you just because you choose to wait. Those who bought bitcoin in the last two circles bought bitcoin way cheaper than now.

Waiting will steal the opportunities presented to you in the market. There's no perfect time in the market.

[Hardyrobust]

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

You need to be careful with the kind of advice you drop on here so folks don’t get misled easily. If investor keeps selling part of their Bitcoin every time challenges comes up, tell me how they’re supposed to build a good position over time?.  You can’t turn that to habit whenever life gets difficult and still expect that position to grow meaningfully over the years. Never!

A sustainable long term plan is the only way to avoid being in situations like that; you need to build your financial foundation along side your Bitcoin position. Keep enough cash for emergencies and basic needs so you don’t start start tampering with your portfolio anyhow.

The only way an investor will avoid to find themselves in the situation where by they will have to sell their bitcoin to meet an essential needs, is by investing with money that they can be able to leave for years. So it won't be a bad idea to fall back to your bitcoin investment if it happens that you are Face with an emergency and you don't have any backup funds.
For an investor to be able to hold and accumulate bitcoin consistently, they should use there discretionary income and also set a backup funds to avoid falling back to there bitcoin investment whenever they are face with an emergency . Investing with discretionary income and setting a backup funds will enable an investor to be able to build up a good bitcoin holdings. In other not to put ourselves into unnecessary pressure in the absence of backup funds falling back to our bitcoin investment during an emergency isn't a bad thing.

[Davidloki]

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.

I mostly agree with your main point that a new person does not need to study for years and become an expert in Bitcoin before investing their first $10 or $20. But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

Must it be first $10-$20? The first amount should be above that amount you mentioned for me. It is impossible to become an expert in bitcoin investment within a few days. Most people use years to understand bitcoin better yet wont call themselves professional or expert. How many cycles have they witnessed? surely none. A beginner with the mindset of becoming an expert first before invest will stop half away before reaching their goal.

[Derekfunds]

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.

I mostly agree with your main point that a new person does not need to study for years and become an expert in Bitcoin before investing their first $10 or $20. But I disagree with the idea that waiting to gain knowledge will miss buying opportunities. We understand which price is a great buying opportunity more clearly later. Today, someone may think $100k is cheap, but it may decrease even more later. Again, if $100k becomes $140k, then the current price will seem low. A good reason to start is not the fear of missing the perfect price, but to avoid having to be a coiner for a long time or wasting a lot of time waiting for the perfect preparation. Therefore, if you have the ability, you should start investing even with a small amount.

Must it be first $10-$20? The first amount should be above that amount you mentioned for me. It is impossible to become an expert in bitcoin investment within a few days. Most people use years to understand bitcoin better yet wont call themselves professional or expert. How many cycles have they witnessed? surely none. A beginner with the mindset of becoming an expert first before invest will stop half away before reaching their goal.

Well for your information the first accumulation or purchase amount must not be $10-20 because everyone has different capacity and different financial flow, so there are people whose first purchase can be more than $100 and yet it is from their discretionary income but that should not be someone's whose capacity is below's business because they don't have same financial flow and if they try to competite they will be warn out or screw. I don't really have a business with been a professional in Bitcoin I mean who does it help, all I want to do is grow my portfolio.

[ASloveapg]

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.

Excessive investment without considering one's own ability can often lead to forced sales in the face of a major decline. One who balances one's essential expenses, emergency funds, and investments. He is in a position to tolerate market volatility in the long term.

None of us know the future value of Bitcoin for sure. Bitcoin's limited supply. Decentralized structure or potential loss of purchasing power in the long term makes it attractive as an asset. But due to price volatility, it can also face a major decline in the short term.

Being decentralized is not the same as ensuring financial security. The user has to take responsibility for the security of his own assets, private keys, custody, and risk management.

Bitcoin should not be seen as a guaranteed future profit or a sure solution to inflation. It is realistic to see it as a possible part of a long-term financial plan. It is more important to invest within the ability and maintain a long-term perspective. This will have the potential to profit if the price of Bitcoin increases in the future. Conversely, even if prices do not rise as expected, the entire financial stability will not depend on a single asset.