Road to 100k?

[JayJuanGee]

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

Quite optimistic about Bitcoin attaining such landmark rise in worth, but I do not think it will stay long before it falls again. For how long it will be on 100k before it falls back again is what I cannot ascertain but I'm pretty sure it won't stay there for long no matter how the bull run season favors the uptrend of the market.

Good luck with that idea about $100k being the top or a top that is meaningful.

You might be correct, and you might not.

There have been a lot of price thresholds in bitcoin's history that were considered to be the top, prior to getting there, and sure sometimes there was resistance at those various threshold prices, and other times, weak hands were lured into selling too much of their BTC too soon.

.......... but those that bought BTC when the price was $18k or $20k, they will rush to sell when the price hit $100k because they know that huge profit will be involve.
......

.....and I'm very ready to sell my BTC when the price finally hit $100k in the market.

Looks like you got it all figured out.

You have been registered on the forum since late 2020, so surely it is possible that you could have had accumulated a decent amount of BTC by now, yet if you have been trading, you might not have had done as well in terms of BTC accumulation as compared to someone who had mostly been focusing on accumulating bitcoin through mostly buying.

Yet surely you are planning and hoping that the BTC price goes down after you sell at around $100k so that you can buy back at some potentially lower price.. if it happpens.

We have had a lot of instances in bitcoin's history of folks who sell way too many BTC too soon, and they become bitter and disgruntled (know it all) no coiners.

We have also had many BTC accumulators who have accumulated and held through the years and then after a cycle or two have gotten themselves to a place where they can just shave off BTC at various places along the way and/or when they might need some, so their sales are not carried out with any expectation of buying back cheaper.. . .

Sure, it is possible that you might do o.k. with your plan, yet your level of confidence comes off as a bit much to consider that others might want to copy what you are doing, they may well end up not faring too well, and I am not even going to presume that you are going to end up timing the potential ups and downs in such a way to really make it worth it to try to approach bitcoin as a trade (to play the waves) rather than appreciating the value of treating it as an investment.

[Ricardo11]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

In Bitcoin investment we have only three strategy which are; lump sum or lump summing, buy Dip and DCA(dollar cost average), I list them here because you are sounding like a trader when you mentioned that strategies and techniques because in Bitcoin investment we don't need techniques or strategies to measure anything or check the market movement these you mentioned are what traders uses to make profit not investors. Investors are concerned on accumulating and holding Bitcoin for a period of time and hoping to see their investment do great in the future and again it doesn't take good skill and knowledge to become a wise investor but rather it takes understanding, discipline and patient to become a great investor and I will suggest you don't use the word wise investor because everyone is wise in their own way(s).

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

[erep]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

[wahyuagung26]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

 Actually, every investor must understand what they are doing, how to do it and what to prepare. A wise investor has a good strategy in managing their investments and honestly they persist in considering the value of Bitcoin and the inflation that occurs in the crypto market, actually they understand it very well, continue to do DCA in every movement and of course they will save and survive with the increase they might be waiting for or with the target they are aiming for in their investment profits.

[Ruttoshi]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

An investor don't need to know about technical analysis for him to be successful in his bitcoin journey and reach his bitcoin target. A new investor does not need to pass through all those stress of trying to understand the market because it will discourage him to start investing in bitcoin immediately.

A new investor should only understand the basic knowledge of bitcoin and how to buy bitcoin from an exchange with his discretionary income regularly with an amount that he can use to continue buying without a problem for 4-10yrs and above. Since he is investing and hodli for long, all he needs is to keep his DCA ongoing overtime consistently and persistently. A novice or new investor will be able to do that as long as he uses the right amount from his discretionary income to invest.

Technical analysis is for traders and not investors because DCA strategy allows you to buy bitcoin steady weekly or monthly irrespective of the price of bitcoin at that moment. Let's not make newbies feel that investing in bitcoin is hard so that they can have the zeal to invest in bitcoin and hodli do r long.

[Marvelockg]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

 Actually, every investor must understand what they are doing, how to do it and what to prepare. A wise investor has a good strategy in managing their investments and honestly they persist in considering the value of Bitcoin and the inflation that occurs in the crypto market, actually they understand it very well, continue to do DCA in every movement and of course they will save and survive with the increase they might be waiting for or with the target they are aiming for in their investment profits.

inflation in the crypto market? How does that work and affect how you DCA when we are talking about Bitcoin in particular with a fix supply?

Depending on what you're doing, thier are certain concept that don't necessarily have to be of concern to you as an investor so you don't look at Bitcoin investments to be one complex thing you have to analyze and over study the market to get in tune with all the infinitesimal variables that is associated with Bitcoin. As long as Bitcoin investment is concerned, your major consideration is that you have the financial means to buying Bitcoin and that you're also using the right accumilation strategy that will work well for you in the long term. Volatility is part of Bitcoin and will continue to be a part of it, if you're concerned about how volatile Bitcoin is, you're going to have blood pressure when you've built a good amount of Bitcoin and the market experiences some level of correction.

Understanding what's going on in the bitcoin ecosystem is good but shouldn't be what will preoccupy you and go on to hinder your accumilation routine. Consistent DCA  and building up good systems that will aid your Bitcoin accumilation plan does the best work in aiding your success in your Bitcoin investment.

[Taskford]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

'They don't need to be a technical guy before they start to invest. A simple understanding on how DCA strategy work is enough for them to start since if they do a lot of research and don't start yet since they are not confident on their knowledge then provably that they are delaying their investment and maybe they might get disappointed then decide not to invest especially that learning the whole process take a lot of time.

Start when they are ready and just do follow up research to learn would be good for people who want to invest in bitcoin since if there's already money at stake for sure they became more inspired to join valid discussions and try to do further more research. Compare that they don't start because they want to research first where chances that there's a lot of things they provably missed out.

[Zackz5000]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

I think it is better an investor get started already trying to get all the necessary and technical knowledge before Investing may lead to procastination, an investor can be in the Bitcoin market and gradually get more knowledge when he or she is already in the market accumulating Bitcoin.
One of the reasons why we go to school is to learn while we are already in school we learn same thing as Bitcoin investment an investor can be in the market and get more knowledge and understand on how Bitcoin investment works so the best thing is to get  started.
And also Bitcoin should be Bitcoin and stop referring Bitcoin to crypto.

[Frankolala]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

I think it is better an investor get started already trying to get all the necessary and technical knowledge before Investing may lead to procastination, an investor can be in the Bitcoin market and gradually get more knowledge when he or she is already in the market accumulating Bitcoin.
One of the reasons why we go to school is to learn while we are already in school we learn same thing as Bitcoin investment an investor can be in the market and get more knowledge and understand on how Bitcoin investment works so the best thing is to get  started.
And also Bitcoin should be Bitcoin and stop referring Bitcoin to crypto.

It is not easy for about newbie to have the technical knowledge of bitcoin in few months because it is broad an d irrelevant for them if not it will prevent/scare them away from investing in bitcoin. During the time that you are busy trying to learn the technical analysis, the price of bitcoin is increasing and you are missing the opportunity of filling up your stash by buying right away when you have the money and have figured out how much from you disposable will enable you invest amd hodli for long.

If you look at the early people who didn't buy bitcoin then due to some excuses they came up with at that time are regretting it now and some people that also thought it needs too much knowledge to invest and didn't invest are also regretting it. Just the way you save money in the bank every time you receive your pay for an important achievement in future so that the money can reach the expected amount is the same way that you will channel that money into bitcoin instead of your bank.

[JayJuanGee]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

I think it is better an investor get started already trying to get all the necessary and technical knowledge before Investing may lead to procastination, an investor can be in the Bitcoin market and gradually get more knowledge when he or she is already in the market accumulating Bitcoin.
One of the reasons why we go to school is to learn while we are already in school we learn same thing as Bitcoin investment an investor can be in the market and get more knowledge and understand on how Bitcoin investment works so the best thing is to get  started.
And also Bitcoin should be Bitcoin and stop referring Bitcoin to crypto.

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure. 

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road. 

Surely, there is no exact formula even though there can be reasonable ways to get started, and some folks are going to have to figure out their local options, which also can take a while to figure out.. .and many of us might take a while to just set up one account on an exchange or we might try to find places that we can buy directly, which can be harder to do if the purchases are every week.  Some current BTC holders might not want to sell small amounts of BTC (such as less than a few hundred dollars), but individuals are going to vary and maybe some folks might not want to sell directly if they have to replace their coins.  I remember when I used to sell bitcoin directly and in person, I would replace them, so I wanted to make sure that my selling costs were going to be higher than my replacement costs (so maybe even having something like a 5% premium), otherwise it would not be worth it for me to go through with the transaction.

[sotelorene]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

I think it is better an investor get started already trying to get all the necessary and technical knowledge before Investing may lead to procastination, an investor can be in the Bitcoin market and gradually get more knowledge when he or she is already in the market accumulating Bitcoin.
One of the reasons why we go to school is to learn while we are already in school we learn same thing as Bitcoin investment an investor can be in the market and get more knowledge and understand on how Bitcoin investment works so the best thing is to get  started.
And also Bitcoin should be Bitcoin and stop referring Bitcoin to crypto.

You are absolutely right mate one don't need to know everything before going into Bitcoin investment I mean it's not compulsory but sometimes it will be of help and a great advantage for you if you acquired the knowledge before going into..., Just like you made reference that the reason why we go to school is to learn while we are already in school that's true but I want to tell you that there
are  people who has a good foundation, let me say they already knew like 40 to 50 percentage of what they went to school to learn, this set of people always do better than any other students that's the advantage I am talking about and there are stuff they will see they won't be scared because they know how to go about it likewise having Bitcoin knowledge before going into it, the knowledge and understanding is what makes investors to be disciplined and hold themselves even when the market is not moving in their favor.

[Cryptoprincess101]

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure.  

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road.  

I think anyone with the idea that investing in Bitcoin requires a lot of money and to learn all about how Bitcoin investment works may be misinformed or has gotten the wrong knowledge because Bitcoin investments is one of the most less stressful form of investment because with the DCA, the ease to invest is already there without feeling pressured of any kind since you are investing with what you can afford at different periods of time and just like your illustrations, anyone can begin at any discretion so far as they are not affected in other areas so when we talk about investing same amount at different intervals of time does not really we can not increase or reduce our DCAing amount in the future when our source of income has appreciated or depreciated.

[Miles2006]

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure. 

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road. 

I think anyone with the idea that investing in Bitcoin requires a lot of money and to learn all about how Bitcoin investment worls may be misinformed or has gotten the wrong knowledge because Bitcoin investments is one of the most less stressful form of investment because with the DCA, the ease to invest is already there without feeling pressured of any kind since you are investing with what you can afford at different periods of time and just like your illustrations, anyone can begin at any discretion so far as they are not affected in other areas so when we talk about investing same amount at different intervals of time does not really we can not increase or reduce our DCAing amount in the future when our source of income has appreciated or depreciated.

Bitcoin investment works with time knowing the fact it’s a gradual process investing using the dca and other strategy, dca is never a must an investor should buy aggressively always but rather it all depends on the available income at the moment. Allocating our investment as equal as our needs is wrong from my view because a time might come when such investor never care for reserve funds and it might affect the investment, the possibility of keeping our investment determines on our planning and target that’s why when people talk about owning much before investing I feel they don’t know what bitcoin investing is all about. From start it’s advisable anyone start with the little they have and continue investing till when they feel they’ve gotten to a balance level then they can increase but saying it’s a must I disagree.

[Odohu]

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure.  

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road.  

This is like learning on the job which is one of the most effective ways of learning. Someone who start his Bitcoin investing by putting in small money while continuing to better his understanding of how Bitcoin works and how to make the most of the opportunities therein will most likely do better than someone who want to know everything about Bitcoin before getting started. From experience, those who want to know too much before getting started tend to procrastinate or get discouraged along the line because of no financial commitment from the onset. For the example you gave, it might just be that they want to be sure that their money is invested into something that they can trust so they will be able to take ownership and responsibility of the investment. This is not a bad thing for me because "no one test the depth of a river with both legs".

I believe in the principle that says where there is financial commitment, people will become serious about it. This is true for Bitcoin as I have seen many people who never got started because they could not understand the idea of seeing their money in a new concept that is different from their traditional understanding of money.

[Sexylizzy2813]

It is not easy for about newbie to have the technical knowledge of bitcoin in few months because it is broad an d irrelevant for them if not it will prevent/scare them away from investing in bitcoin. During the time that you are busy trying to learn the technical analysis, the price of bitcoin is increasing and you are missing the opportunity of filling up your stash by buying right away when you have the money and have figured out how much from you disposable will enable you invest amd hodli for long.

If you look at the early people who didn't buy bitcoin then due to some excuses they came up with at that time are regretting it now and some people that also thought it needs too much knowledge to invest and didn't invest are also regretting it. Just the way you save money in the bank every time you receive your pay for an important achievement in future so that the money can reach the expected amount is the same way that you will channel that money into bitcoin instead of your bank.

I agree with you about the learning and filling the stash, Bitcoin price movement is something that doesn't wait for no one give a clue that this is when I'm going high or low, the moment you have that opportunity to get involved you do it because by the time you say you're ready to do whatever, the price might have gone beyond your funds and you start regroup again, is best to do it when you have the chance and you can fill in first and later go back to learn the technical analysis to expand your knowledge but when you say you have to learn first before buying then is on you if the price sky rocket, no matter how small you get started to avoid had I know.
Sometimes we don't need much to even motivate us to start something, is best to do it and ask questions later after all life it self is a risk, everything we do is a risk, is just for us to choose the line of risk we want to put ourselves into. Bitcoin investment is a very lucrative business and there are risk involved so is up to you if you want to come into it or not. If we have to wait till is time, then that time might be the wrong time to even invest and for me to be on the safer side as a newbie is to start small as long as you can achieve your goal then you're good to go, with time you double it up when you're buy.

[Samlucky O]

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure.  

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road.  

I think anyone with the idea that investing in Bitcoin requires a lot of money and to learn all about how Bitcoin investment worls may be misinformed or has gotten the wrong knowledge because Bitcoin investments is one of the most less stressful form of investment because with the DCA, the ease to invest is already there without feeling pressured of any kind since you are investing with what you can afford at different periods of time and just like your illustrations, anyone can begin at any discretion so far as they are not affected in other areas so when we talk about investing same amount at different intervals of time does not really we can not increase or reduce our DCAing amount in the future when our source of income has appreciated or depreciated.

Bitcoin investment works with time knowing the fact it’s a gradual process investing using the dca and other strategy, dca is never a must an investor should buy aggressively always but rather it all depends on the available income at the moment.

i think you are misunderstanding cryptoprinces. she never said bitcoin is a must or should be invested agresively. you can recheck> her statement
[/quote]
because with the DCA, the ease to invest is already there without feeling pressured of any kind since you are investing with what you can afford at different periods of time

Allocating our investment as equal as our needs is wrong from my view because a time might come when such investor never care for reserve funds and it might affect the investment,

👇👇👇

anyone can begin at any discretion so far as they are not affected in other areas so when we talk about investing same amount at different intervals of time

I guess this is the part of the comment that made you speak such, but I think what she was saying is that anyone can start with the amount they can comfortably invest without being affected by feeding or house hold expenses or being affected by emergency. it could be that she never mentioned all that but I guess when she said "so far as they are not affected in other areas" this covers everything.

the possibility of keeping our investment determines on our planning and target that’s why when people talk about owning much before investing I feel they don’t know what bitcoin investing is all about. From start it’s advisable anyone start with the little they have and continue investing till when they feel they’ve gotten to a balance level then they can increase but saying it’s a must I disagree.

i think this aspect of your comment aligns with that of cryptoprinces. so you both are saying almost thesame thing but the first part or paragraph of your statement was contradicting and complicating.

[betswift]

It is not easy for about newbie to have the technical knowledge of bitcoin in few months because it is broad an d irrelevant for them if not it will prevent/scare them away from investing in bitcoin. During the time that you are busy trying to learn the technical analysis, the price of bitcoin is increasing and you are missing the opportunity of filling up your stash by buying right away when you have the money and have figured out how much from you disposable will enable you invest amd hodli for long.

If you look at the early people who didn't buy bitcoin then due to some excuses they came up with at that time are regretting it now and some people that also thought it needs too much knowledge to invest and didn't invest are also regretting it. Just the way you save money in the bank every time you receive your pay for an important achievement in future so that the money can reach the expected amount is the same way that you will channel that money into bitcoin instead of your bank.

I agree with you about the learning and filling the stash, Bitcoin price movement is something that doesn't wait for no one give a clue that this is when I'm going high or low, the moment you have that opportunity to get involved you do it because by the time you say you're ready to do whatever, the price might have gone beyond your funds and you start regroup again, is best to do it when you have the chance and you can fill in first and later go back to learn the technical analysis to expand your knowledge but when you say you have to learn first before buying then is on you if the price sky rocket, no matter how small you get started to avoid had I know.
Sometimes we don't need much to even motivate us to start something, is best to do it and ask questions later after all life it self is a risk, everything we do is a risk, is just for us to choose the line of risk we want to put ourselves into. Bitcoin investment is a very lucrative business and there are risk involved so is up to you if you want to come into it or not. If we have to wait till is time, then that time might be the wrong time to even invest and for me to be on the safer side as a newbie is to start small as long as you can achieve your goal then you're good to go, with time you double it up when you're buy.

If the possibility is there, you need to grab it by its tail, so to speak With the funds you are okay to "freeze" for the time to come.

[EarnOnVictor]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

In Bitcoin investment we have only three strategy which are; lump sum or lump summing, buy Dip and DCA(dollar cost average), I list them here because you are sounding like a trader when you mentioned that strategies and techniques because in Bitcoin investment we don't need techniques or strategies to measure anything or check the market movement these you mentioned are what traders uses to make profit not investors. Investors are concerned on accumulating and holding Bitcoin for a period of time and hoping to see their investment do great in the future and again it doesn't take good skill and knowledge to become a wise investor but rather it takes understanding, discipline and patient to become a great investor and I will suggest you don't use the word wise investor because everyone is wise in their own way(s).

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

The DCA approach is fine but this concept of buying Bitcoin regularly should be well defined to avoid causing mistakes for the gullible people. I will never join those who would continue to buy Bitcoin at the peak, this is dangerous and my investment experience forbids that regard of the asset we are talking about. To avoid missing out, I like to commit all my money allocated for Bitcoin investment to it towards the end of the bearish season. I dare not continue with the mentality of buying Bitcoin at all times and at all prices. Even if it eventually hits the moon as predicted, there is no way I will miss out, but what I gain in addition is more safety and better earning than those who risk buying it at the peak. What if it disappoints their expectations as we have witnessed since the beginning of this year? We need to be smart investors.

[Zackz5000]

Every Bitcoin investor should aim to hold Bitcoin for the long term. Buying bitcoin regularly and patiently holding it for the long term is a best investing strategy. And the best way for this is DCA. Investing wisely doesn't always mean technical knowledge, but investing regularly in a disciplined manner, holding patiently for long periods of time, and making the right decisions at the right time, That is investing wisely. Everyone is wise in their own way and in their own strategy, and that personal right perspective is what makes an investor a successful investor.

Agreed, but investors need technical knowledge and DCA strategy to invest at the right bitcoin price and the key is patience to buy gradually at a lower target price than the current market price and many investors are lucky to buy bitcoin at a correction price above 10% a few weeks ago, investors have the principle to be regular and disciplined in implementing their strategy without external influence from bullish or bearish news, all investors have different personal strategies but focusing on implementing a DCA investment strategy is the best choice to gradually add crypto assets.

I think it is better an investor get started already trying to get all the necessary and technical knowledge before Investing may lead to procastination, an investor can be in the Bitcoin market and gradually get more knowledge when he or she is already in the market accumulating Bitcoin.
One of the reasons why we go to school is to learn while we are already in school we learn same thing as Bitcoin investment an investor can be in the market and get more knowledge and understand on how Bitcoin investment works so the best thing is to get  started.
And also Bitcoin should be Bitcoin and stop referring Bitcoin to crypto.

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure. 

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road. 

Surely, there is no exact formula even though there can be reasonable ways to get started, and some folks are going to have to figure out their local options, which also can take a while to figure out.. .and many of us might take a while to just set up one account on an exchange or we might try to find places that we can buy directly, which can be harder to do if the purchases are every week.  Some current BTC holders might not want to sell small amounts of BTC (such as less than a few hundred dollars), but individuals are going to vary and maybe some folks might not want to sell directly if they have to replace their coins.  I remember when I used to sell bitcoin directly and in person, I would replace them, so I wanted to make sure that my selling costs were going to be higher than my replacement costs (so maybe even having something like a 5% premium), otherwise it would not be worth it for me to go through with the transaction.

You are absolutely correct sir JJE getting started doesn't mean an investor need to invest all that he or she have that is why it is always important and advisable to invest an amount you can afford to lose and getting started will also an investor know more about how the whole thing works, the strategy that can be suitable to use as a starter the DCA strategy is always recommendable then as time approaches an investor can decide to increase the amount of his DCA because his get to know more about how Bitcoin investment works. So it is very important to get started first instead of trying to know all about Bitcoin investment.

[arwin100]

The idea of getting started does not necessarily mean that anyone needs to start by investing a lot, and the getting started causes them to have to learn more about how bitcoin works and where to get price exposure.  

Most people should have some general idea about how much discretionary income that they have, so even a person who knows that they have $100 per week that they could invest into bitcoin, might decide to start with $20-$30 per week while they are investigating further into bitcoin, and maybe it takes them several weeks or even several months to get more comfortable that they feel more comfortable to increase their DCA amount to perhaps $50 per week, and after some time they might be able to figure out how to increase their income and/or to decrease their expenses, so that they have $150 or $200 per week that they could invest into bitcoin, but they might decide to increase their investment to $80 or $100 per week at some point later down the road.  

I think anyone with the idea that investing in Bitcoin requires a lot of money and to learn all about how Bitcoin investment works may be misinformed or has gotten the wrong knowledge because Bitcoin investments is one of the most less stressful form of investment because with the DCA, the ease to invest is already there without feeling pressured of any kind since you are investing with what you can afford at different periods of time and just like your illustrations, anyone can begin at any discretion so far as they are not affected in other areas so when we talk about investing same amount at different intervals of time does not really we can not increase or reduce our DCAing amount in the future when our source of income has appreciated or depreciated.

Maybe they only look at the value and think about its expensive to start investing with this coin. But they failed to realize that they could start at what they can afford to have since any amount will do and for sure that once they start they think about to do more better to and try to earn more so that they can add something to their investment with bitcoin.

What cool about bitcoin is they don't need to pressure their selves to exert a lot of efforts since simple buying and holding for long time could bring something good result in future especially if their belief in bitcoin is so strong. If they are confused on the amount to use then maybe they should calculate all their expenses first and take care those important things then they can use the extra funds left from their earnings. Although figures may come up different then its fine as long as they are consistent and everything should be fine on their investments.