justinlamode
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Activity: 700
Merit: 178
The secret to happiness is making others happy
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April 06, 2026, 08:30:47 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
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Queen uloma
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April 07, 2026, 09:56:10 PM Last edit: April 07, 2026, 10:10:40 PM by Queen uloma |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
That kind of hype that comes in when a person just newly entered bitcoin or investment world, can make a person forget that they have other responsibilities. People mostly focus on making potential profit alone, no balance at all. The truth is that investment isn’t supposed to affect your basic needs. If a person doesn’t separate their money like keeping their, feeding money, bills, Emergency. From the money they want to invest with, it may lead to serious pressure. And when pressure enters, it can result to poor decision making, such as selling your bitcoin at the wrong time just to handle urgent problems. If only they use their discretionary income and keep their emergency funds aside, things might be more stable. Even if the market goes down, you won’t panic because your daily life doesn’t depend on that investment. Conclusively, don’t rush, don’t over hype. Plan well, control your emotions, and always protect your basic needs first before you invest.
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SuperBitMan
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April 08, 2026, 03:37:59 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
Conclusively, don’t rush, don’t over hype. Plan well, control your emotions, and always protect your basic needs first before you invest. You are right before you start bitcoin investment you need to first plan and also remove emotions from your investment journey, and make sure that you are using only your discretionary income to invest in Bitcoin because if you are not using only your discretionary income it will affect you, if you use money, you are supposed to use for your basic need to invest in bitcoin you will end up dipping hands into your bitcoin investment to meet your basic need, your basic need is very important and it is more important than any investment you want to go into so whatever you are doing make sure that your basic need are not affected because is more important and you can’t do without it, so always consider your basic need before going into any investment.
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yixichloro2xx
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April 08, 2026, 10:31:41 PM |
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Many people rush in into Bitcoin blindly just because they feel that they have too much money. Some of the reasons why this happens is because they lack basic knowledge about Bitcoin, using money they can't afford to lose, Fomo and they see it as a means to get rich quickly. Rushing in blindly creates lots of pressure and emotional stress which can force someone to make poor decisions, either by selling due to lose or when they see little profit. Everything we do in life requires proper planning, so in Bitcoin investment we figure out our Discretionary income and emergency funds which act as a safe guard for our investment, secondly have some basic knowledge by understanding what you are putting your money into. Slow and steady investing gives better control, peace of mind, and stronger longterm results.
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Grace333
Full Member
 
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Activity: 686
Merit: 195
Contributing to Bitcoin Network
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April 09, 2026, 06:50:41 PM |
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In as much as aggressively accumulating bitcoin this period is widely recommended yet it's not for a newbie who doesn't know financial discipline and how organized or plan ahead on time and follow through. This is why it's best to have the experience that way you get to know how it feel and how to solve real life problem and not just some random theoretical solution. Newbies mostly don't have that experience and knowledge to make all these vital decisions, even if they have financial discipline price can influence some way trigger their emotion especially since it's the first time they're coming across such experience except otherwise.
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Somegory
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April 10, 2026, 12:03:46 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
I guess we are all guilty of this habit as a newbie, the hype is so real that if you are not buying Bitcoin aggressively you aren't doing things the right way, buying Bitcoin or nothing else. Until after when reality hits hard you won't have sense about other important things that you need to put in place, because Bitcoin investment is not something that will yield like those high yield investment plans online, it always takes time. The best way to get involved with Bitcoin investment is to buy it slowly using DCA strategy, it brings you ease and also gives you more satoshis because of the Volatility in price action and because we are in a bitcoin bear market.
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Juicyhome
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April 10, 2026, 02:32:51 PM |
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In as much as aggressively accumulating bitcoin this period is widely recommended yet it's not for a newbie who doesn't know financial discipline and how organized or plan ahead on time and follow through. This is why it's best to have the experience that way you get to know how it feel and how to solve real life problem and not just some random theoretical solution. Newbies mostly don't have that experience and knowledge to make all these vital decisions, even if they have financial discipline price can influence some way trigger their emotion especially since it's the first time they're coming across such experience except otherwise.
Newbies doesn't need all the knowledge before he or she can buy aggressively , if they have the money to invest allow them to buy and much as they want , they don't know any knowledge to hold Bitcoin, once they can buy and they know the dip market and bull Market then let them buy while they learn on the investment. Telling newbies to acquire all the knowledge in crypto market before buying aggressively is wrong except he wants to be a daily trader, then, they need to learn much before investing, but if they just wan to buy na hold for long and they have the resources then I think we should let them buy, this is the right time to buy Bitcoin. Be you a newbie or not utilize this dip market to buy more Bitcoin. The future of Bitcoin is too bright to be left behind when your have the money to accumulate More.
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Iamgoat
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April 10, 2026, 02:42:10 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
You are right and many new bitcoiners make this same mistake oftentimes thinking they are doing the right thing. If you are into the bitcoin industry newly you need to be calm with your thoughts process about things and not rush into making decisions based on emotions because it will do more harm to you than good especially owing you don’t know much about about the way the market is structured and operates yet. As a newbie, you will be having this feeling like you know what you are doing but you barely do a this is what leads to the rush in adrenaline to start making decisions without proper pondering. It has been said countlessly here as a bitcoin person, always draw out an emergency fund. It is necessary for you to be able to keep your funds safe without touching them and for you to also be on the safer side of things…
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Tmoonz
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April 10, 2026, 03:20:40 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
Conclusively, don’t rush, don’t over hype. Plan well, control your emotions, and always protect your basic needs first before you invest. You are right before you start bitcoin investment you need to first plan and also remove emotions from your investment journey, and make sure that you are using only your discretionary income to invest in Bitcoin because if you are not using only your discretionary income it will affect you, if you use money, you are supposed to use for your basic need to invest in bitcoin you will end up dipping hands into your bitcoin investment to meet your basic need, your basic need is very important and it is more important than any investment you want to go into so whatever you are doing make sure that your basic need are not affected because is more important and you can’t do without it, so always consider your basic need before going into any investment. The advice should be that people should should know how to manage their emotions am saying this because humans are emotional kind of being, managing your emotions helps you make good decisions during your investment process, people who don't manage their emotions takes actions and regret later because it will always end badly, every investment carries it's own risk and for Bitcoin investing with discretionary income is a premium advice as part of ways of investing without stress attached to it while focusing on your goal.
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AGogi2003
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April 10, 2026, 04:08:47 PM |
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Newbies doesn't need all the knowledge before he or she can buy aggressively , if they have the money to invest allow them to buy and much as they want , they don't know any knowledge to hold Bitcoin, once they can buy and they know the dip market and bull Market then let them buy while they learn on the investment. Telling newbies to acquire all the knowledge in crypto market before buying aggressively is wrong except he wants to be a daily trader, then, they need to learn much before investing, but if they just wan to buy na hold for long and they have the resources then I think we should let them buy, this is the right time to buy Bitcoin. Be you a newbie or not utilize this dip market to buy more Bitcoin. The future of Bitcoin is too bright to be left behind when your have the money to accumulate More.
That is just the fact we can't control someone when is willing to do something, you can't says you need to understand everything about bitcoin before you invest, you can invest and continue learning that one will be better then waiting to learn everything before investing. Everytime we lean new things and experience comes so by investing and learning that one is better. If you have understood that bitcoin is volatile and you have get some experience about the market you can invest and wait for your benefit. Is when you invest in something that is when you be more focused and learn better, because you have invested your money and if you didn't understand anything you will lose your funds. We all start from newbies and if you've be told such way he will make some people feel discourage because they have the capital but you're trying to scared them up. So anyone that have the interest to invest he should do since he no some experience about it because you can't invest in something that you don't have any knowledge about.
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Big Dirams
Full Member
 
Offline
Activity: 196
Merit: 128
Bitcoin Casino Est. 2013
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April 10, 2026, 05:41:55 PM |
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The advice should be that people should should know how to manage their emotions am saying this because humans are emotional kind of being, managing your emotions helps you make good decisions during your investment process, people who don't manage their emotions takes actions and regret later because it will always end badly, every investment carries it's own risk and for Bitcoin investing with discretionary income is a premium advice as part of ways of investing without stress attached to it while focusing on your goal.
Emotions are always bound to come in and it our responsibility to make sure we know how to handle them and take control of them so we wouldn’t always make regretful decisions. When we allow our emotions to take control of us then we will always keep making mistakes and taking decisions that won’t favor us at the long run. Bitcoin investment will tour with our emotions but it a smart idea for us to make sure we have proper balance of our emotions and not to take decisions from it instead we are the key players between our emotions and our investment. Those who always make regretful decisions are always those who don’t know how to balance their emotions with their holdings and that why they end up in such situations.
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kawetsriyanto
Legendary
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Activity: 2926
Merit: 1181
♻️ Automatic Exchange
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April 10, 2026, 11:41:35 PM |
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You are stating the fact which newbies are to adhere to them, because that is their only pathway to be a successful investor, though its not an easy thing but with time, they will get to understand the importance of what they see to be a wrong advise and they should always remember that losing or experiencing losses are part of the investment, which they are to learn how to minimize their losses and how to manage risks.
Since it isn't easy, that's why they need to minimize the risks. One of the ways is to use small funds (small money). Also, it doesn't make sense to invest aggressively when we are in the beginning level, what for? It is only worth it to do when we ensure to have bigger chance to succeed. Meanwhile in the beginning level, the chance to lose is bigger because we still have lack of knowledge/skills. Well, I'm sure that good newbies/beginners will consider any advice that can make them to be safe in crypto investment. If you're on Bitcoin long term investment there is no need to be using too much money to buy since you're not in a hurry to take profit, you can be buying gradually with amount that you are comfortable to loose.
Exactly, for the long term investment, we can buy gradually. Moreover, if it is in the beginning of bearish season, we have a lot of time for accumulation. So, we can buy with small money gradually. It is also a good way to accumulate Bitcoin effectively. If you use more than what you can afford to loose to buy Bitcoin when emergency needs arises you will be forced to sell your Bitcoin on the short term to pay for expenses. There is nothing wrong with buying aggressively but you have to make sure that you have made sufficient provisions for your basic expenses.
If it is for newbies/beginners, it will be always wrong to buy aggressively. Yes, we may be in a big trouble if we face an emergency in the future. This may trigger us to sell the Bitcoin for losses if we have no other options to deal with the emergency.
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Y3shot
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Today at 05:54:51 AM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
It is always like that when newbies rush into an investment without understanding. You just have to do it your own way, thinking you are doing it the best way. In bitcoin investment, you only need to invest with the amount that you can afford. If you don't set a budget and you just buy bitcoin, in the end, you will be forced to sell your bitcoin. Everything about bitcoin investment is planning how money should be used. Knowledge is the most important thing for every newbie because it will definitely give a real sense of how one should go about bitcoin investment properly and avoid making mistakes.
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Promocodeudo
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Today at 03:25:12 PM |
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This is a good information for all newbies and assuming I knew this when I started, I would have started better than I did. Then I was so hyped that all I could think of was to buy as much as I can using every available funds. I never considered the need to separate funds for basic needs and investment capital and it affected me jn many ways that sometimes I had to sell some Bitcoin when I can't find a way around it. Assuming I used only discretionionary income and possibly set up emergency funds, I wouldn't have resorted to my Bitcoin then.
We have to learn whichever way, the good thing now is that you've learn and the information you're passing across will reach to many newbie to those that are about to start their Bitcoin investment, there's good things about this forum and that's learning, but learning is for those who wants to learn not those that think they know but knows nothing, both newbies and old invetsors are to supposed to buy Bitcoin aggressively if they don't have the capacity to by like that, aggressive buying is not for every investor, we can only buy aggressively when we are prepared for it. To some new investors discreationary income sound strange to them because the don't know what it is and how to figure it out, with what you said, a lesson is Learnt and people has also learnt from how you started.
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cxtreenal
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Today at 03:28:24 PM |
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You must be aware that you cannot create financial pressure while investing in Bitcoin. In my opinion, Bitcoin investment should be done according to a long-term plan and with discipline. Financial discipline in investing is such an important quality that even if your discretionary income is small, you will be able to meet your investment goals.
Increase the financial pressure gradually during the traditional Bitcoin accumulation process because if your plan is multiple cycles or 4-10 years, there is a possibility that you will not get the Bitcoin holding as expected by making small DCA. Your income will not always be the same there is a possibility of increasing over time or multiple sources of income may be created. Or you can increase your holding by aggressively buying Bitcoin with additional incentives from your workplace at different times.
Taking the opportunity to buying Bitcoin with additional reserve funds during the ongoing DCA will likely yield higher returns in the future, and I personally am implementing this process because I consider it risky to not take risks at some point, especially when it comes to growing Bitcoin holdings and going long term.
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