What should be your primary goal with your bitcoin investment?

[Derekfunds]

As a new investor selling too soon shouldn't be part of your investment plan your plan and target should be how you can accumulate enough Bitcoin and hodl, another thing you should also understand is that making profit in bitcoin is not a guarantee that is why we are not suppose to use money meant for daily up keep to invest in Bitcoin we should use our leftover income when accumulating Bitcoin that is money we can afford lose just if it did go as planned.

Bitcoin is an investment that, even if we invest everything correctly and hold it for the long term, it will never guarantee us success. Basically, there is no such thing as a guarantee in Bitcoin investment. If you can hold it for the long term, it will bring a very high probability of success, because as we have seen, despite the high volatility of Bitcoin, it continues to be valuable in the long term, and for this reason we can at least say that if Bitcoin can be held effectively for the long term, it can bring us a very good probability of success, from which we can achieve great success, but since we have no guarantee, we cannot use that money,, that we can face great problems if it lost, so we must have a discretionary income arrangement for Bitcoin investment, and with that, you must buy Bitcoin continuously, continue holding Bitcoin for the long term with faith in its potential and believing in Bitcoin, then it can also bring you life-changing success.

You are right but to correct something, it is not a must to buy Bitcoin but rather it is necessary to buy Bitcoin in order to increase our portfolio so that in years coming we will be among the people that will celebrate our success. Bitcoin is not guarantee no doubt but the potential of it has made or almost made it look like a guarantee investment but nevertheless, it is never a waste to invest in Bitcoin because it is among the fast rising digital asset in the world and so it  will continue to rise and grow.

[Different patterns]

Bitcoin investment doesn't necessarily mean you must sell at any given point and of course it's your investment and money you have the right to decide when to sell and when to buy, but the reality is, when and how did you project yourself? Do you project yourself for long term investment or short term investment, and if is for long term investment then you must learn to have patient over the period of your investment and not too easily gets attracted to the benefits you got from the market, most times the market could dump to nearly -30 percent or above and after some period the market usually bounces back to another price level.

We can take for instance; where we invested 6 to 10 years ago and hold till dates, have you imagined what could be of your profits by now? And of course those who invested them has been on a regret that if they knew they wouldn't had sold off their investments rather could have made a long time projection where they would had to hold for at least 5 to 10 years which their investments could had yield several profits for them.

That is the truth. I really get what you are saying and understand your words. Bitcoin's potential is clear, and investors should plan accordingly. You, as an investor who is ready to invest, must at least have plans and set goals for how your investment should move. Whether investment is short-term or long-term,

But if someone can patiently invest for more than 6 years, it is better to make it a 10-year investment, which can be even more rewarding; anybody's goals are different. You may invest at a time when you still have spare cash in your hands, but sometimes you may need some cash. If there's no other options, then touching your investment is still your decision to make, investment in bitcoin doesn't inherently cause stress or anxiety. Whenever you invest in Bitcoin, it always gives you financial access at the same time. When you patiently leave your investment for long, you can still make a lot of profit. That's the advantage of investing in Bitcoin; Bitcoin always gives financial freedom, not depression.

[Proty]

That is the truth. I really get what you are saying and understand your words. Bitcoin's potential is clear, and investors should plan accordingly. You, as an investor who is ready to invest, must at least have plans and set goals for how your investment should move. Whether investment is short-term or long-term,

But if someone can patiently invest for more than 6 years, it is better to make it a 10-year investment, which can be even more rewarding; anybody's goals are different. You may invest at a time when you still have spare cash in your hands, but sometimes you may need some cash. If there's no other options, . Whenever you invest in Bitcoin, it always gives you financial access at the same time. When you patiently leave your investment for long, you can still make a lot of profit. That's the advantage of investing in Bitcoin; Bitcoin always gives financial freedom, not depression.

There is no doubt that bitcoin is best appreciated when view in terms of long term however the fact that we prioritise long term investment over short term is not a guarantee that our investment is going to be successful or rewarding at the end of our investment timeline. Bitcoin investment should be done using discretionary income investing, using other income that is meant for our expenses to buy bitcoin is not investing but rather we  are gambling with bitcoin . So inorder to avoid the temptation of selling our bitcoin before the anticipated timeline there should always be need to invest using discretionary income and we must set up an emergency funds incase of any contingency that may arise and prompt us into touching our investment.

[Princess Leah]

That is the truth. I really get what you are saying and understand your words. Bitcoin's potential is clear, and investors should plan accordingly. You, as an investor who is ready to invest, must at least have plans and set goals for how your investment should move. Whether investment is short-term or long-term,

But if someone can patiently invest for more than 6 years, it is better to make it a 10-year investment, which can be even more rewarding; anybody's goals are different. You may invest at a time when you still have spare cash in your hands, but sometimes you may need some cash. If there's no other options, . Whenever you invest in Bitcoin, it always gives you financial access at the same time. When you patiently leave your investment for long, you can still make a lot of profit. That's the advantage of investing in Bitcoin; Bitcoin always gives financial freedom, not depression.

What you're saying is not a bad idea, it would be very much appreciated if an investor can keep hodling for a period above 6 years, but then every investor have a target and when one has accumulated to their target, so far it's more than a circle the person can decide to take some portions and still continue accumulating.

 When the investor would be wrong is when they take all profit after reaching their target, bitcoin would keep doing better, probably, so it's not a good idea to take all profits after reaching your target, even though you've invested for a decade or two.

There is no doubt that bitcoin is best appreciated when view in terms of long term however the fact that we prioritise long term investment over short term is not a guarantee that our investment is going to be successful or rewarding at the end of our investment timeline. Bitcoin investment should be done using discretionary income investing, using other income that is meant for our expenses to buy bitcoin is not investing but rather we  are gambling with bitcoin . So inorder to avoid the temptation of selling our bitcoin before the anticipated timeline there should always be need to invest using discretionary income and we must set up an emergency funds incase of any contingency that may arise and prompt us into touching our investment.

Any investor who follow the path of Bitcoin with funds outside their discretionary is not very serious cause emergency situations is something we don't hope for and can occur at anytime so the person would definitely withdraw from their portfolio to solve problems which makes no sense. That's why the discretionary is very important and best for investment especially the one that deals with long-term like bitcoin.

[POPOLUV]

This is a very important question and this primary goal of your Bitcoin portfolio should be in the mind of every investors because before one can embark on any investments, that means such person has already set his targets on how to archive or survive in such investments, so since Bitcoin investments is all about long term commitment, so i will say that my first primary goal with my Bitcoin investments is to have the patient enough to be able archived my Bitcoin investments in a run for longer term that can be more profitable, and also generate income that make me to invest aggressively either weekly or monthly to have much investments and with my emergency fund incase of unforeseen circumstances, so i can be able to solve the problems using my emergency fund without touching my initial investment.

[B-BossMan]

OP, your talk really makes sense. One thing people fail to understand, or newbies rather, is that anything you want to do in life, your first priority should be how to achieve your goals, and all these things have to work with plans. There was a saying that said, "If you are informed, you will be deformed." In essence, having goals and roles to play makes you a strong person.

However, Bitcoin is one of the most reliable investments that later in life you will be a crypto investor's testimony to people that always have fears in their minds whenever they want to invest. One thing is that the price will rise up today and tomorrow come down due to its volatile nature; the best thing is to know the risks behind the investment.

[icebar]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

As a new investor selling too soon shouldn't be part of your investment plan your plan and target should be how you can accumulate enough Bitcoin and hodl, another thing you should also understand is that making profit in bitcoin is not a guarantee that is why we are not suppose to use money meant for daily up keep to invest in Bitcoin we should use our leftover income when accumulating Bitcoin that is money we can afford lose just if it did go as planned.

Some people get scared when the price of Bitcoin drops, especially those who are new investors. But those who are prudent try to buy more Bitcoin when the price of Bitcoin drops. They think that maybe it is the highest dip and this will increase their Bitcoin portfolio. Those who are able to invest in Bitcoin for the long term will definitely benefit from the investment. If there is a prudent income for investing in Bitcoin, then by regularly making DCA with that income, it is possible to easily create a large portfolio, which can help the investor to achieve big assets.

[Bright0515]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

Bitcoin is not a ponzi scheme or it is not a get rich quick scheme whereas you can make money through it easily. If it was possible to make quick money from Bitcoin investment many people would have been like Elon musk or some of the big whale on the crypto space. A Bitcoin investor need to be patient for them to make money from investment. Being in a hurry to make profits leads to early selling of your assets when the market is going downward.

[Tmoonz]

Honestly, my own goal with Bitcoin is simply for long-term preservation of value. I'm not in a hurry so I don't mind riding through the dips.

 For me, Bitcoin isn’t just about quick flips, it’s more about gradually building a position that I can hold for years regardless of the market mood.

 Of a truth, I take small profits sometimes when the opportunity is right but my bigger aim is wealth protection against inflation and the weaknesses of fiat. Once you understand Bitcoin from that perspective, chasing “huge profit” becomes less tempting because you know the real win is in holding strong over time.

There is nothing wrong in trying to put good investment practices in Bitcoin and one thing for sure when it comes to Bitcoin investment is that the right thinking mindset should be long term, we might not necessarily be chasing a huge profit rather we can work towards considering a reasonable stake building up a portfolio in Bitcoin, we don't chase it because things might not work as exactly as expected since the market can be some worth unpredictable, there must be a reason why anyone will want to sell their Bitcoin and for me am looking out for a a reasonable profit after a long period of time and of course it will be strategic.

[9ja Amaka]

You are right but to correct something, it is not a must to buy Bitcoin but rather it is necessary to buy Bitcoin in order to increase our portfolio so that in years coming we will be among the people that will celebrate our success. Bitcoin is not guarantee no doubt but the potential of it has made or almost made it look like a guarantee investment but nevertheless, it is never a waste to invest in Bitcoin because it is among the fast rising digital asset in the world and so it  will continue to rise and grow.

I was about making that correction for him. We are responsible for every action we take in our life. Whether we want to start our investment or not it is up to us. Therefore, it is not a must to buy Bitcoin. At the same time, it is important that we take the opportunity of having at least some fraction of Bitcoin for the long term, instead of regretting in the future.

No investment is guaranteed, not even in long term as long as this world is concern. There is risk associated in Bitcoin investment. In as much as it has proving to be successful for the past 11 years, it is certain that anything can happen due to policies and regulation. Deep down we hope nothing happens in the future. The more reason why we need to invest what we can afford to lose.

[PremiumcryptoHub]

Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

To be honest our primary goal in investing in Bitcoin is long-term capital growth, moreover it is also related to being aware of the risks. Your attitude towards Bitcoin investing is incorrect because it is pointless to be motivated to sell at every pump. I believe that before making any investment, there should be a lot of research and an explanation of the pros and cons. Then it might be easier to understand whether you should sell it immediately after earning something from Bitcoin. Many analysts theoretically explain to us that who rush to sell Bitcoin after making a small profit, i.e. after seeing small gains on their investments and small green candlesticks rising in the market, are definitely considered traders.

[SOKO-DEKE]

Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

It’s very clear that everyone has a plan to sell their Bitcoin or sell some part of their Bitcoin investment one day after making some profit from it. I don’t think there will be anyone who just wants to hold Bitcoin forever without selling it or using it for any transaction. But what’s important is that Bitcoin doesn’t encourage someone to sell all of their Bitcoin investment whenever they make profits. Instead, it’s better to take profits from time to time, whenever someone feels they’ve made reasonable gains. Selling all Bitcoin investments at once will make it difficult when someone wants to buy back, especially when the price is increasing.

[Agbe]

When it comes to Bitcoin investment and making gain from it alot of people has different opinions and views concerning it because I am one of those people who is of the view that it's not a must that you have to see your Bitcoin investment, off course every one has their target when it comes to investments in Bitcoin but what I can say is that hold as much as possible and don't look for immediate profit due to the price.

[Skydrill]

There is nothing wrong with selling for short profit and to buy at the dip again and there is nothing wrong to hodl for long, it all depends on individual target goals. At any point, stay with your goal. The reason that some people regret on their investment is because of greed, they shift their goal post at the middle of the game. Bitcoin is a very volatile asset and when the bull comes with, it looks as if it will continue for a long time then you change your target plan to higher price but without recourse to correction on the price action that had already happened. After that correction, price may not get to your new target for a long time. So stay with the decision made earlier before investing, that's being discipline in investment.

I think I agree with your philosophy, I really do not think there is anything wrong in selling for short profit like you put and buying at the dip again, somehow that's a good strategy that most people ignore but has proven to be a good strategy, though a lot of people still prefer the long term plan as they intend to wait to see when the market is favourable (when the value increases) but all the same, everyone is entitled to their own opinion and plans pending on which best suits them because everybody has a different perspective concerning this very topic.

[Makus]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

One of the reasons for knowledge is something we don't get confused and end up making bad decisions, I wish those people who are afraid of Bitcoin crashing had spent some quality to research what they were actually spending thier money to purchase or isn't it obvious thar if bitcoin was to crash we would even loss much compared to those whale who have very large portions yet they keep accumulating more and more. I think its high time people sit down and think why would someone with so much bitcoin still buy more to the extent of borrowing to buy. Well the kind of conviction these men have about bitcoin is the reason behind their accumulation pressure a lot of people stressed themselves with the thought that bitcoin may crash and because of that they sold early but look at bitcoin today.

[GIF-JOBS]

When it comes to Bitcoin investment and making gain from it alot of people has different opinions and views concerning it because I am one of those people who is of the view that it's not a must that you have to see your Bitcoin investment, off course every one has their target when it comes to investments in Bitcoin but what I can say is that hold as much as possible and don't look for immediate profit due to the price.

To invest in Bitcoin, you must first change your perspective, that is, those who think of making short-term profits should change their attitude and invest in Bitcoin with a long-term mindset. Market fluctuations are very natural, and because of this, people can easily panic, but for those who can have a strong mindset to hold on for the long term, this volatility is never a problem, rather they can always take advantage of the volatility to buy more Bitcoin. So it is very important to set your goal for the long term, then there will be a good chance of achieving much better success from it.

[Mr Reporter]

When it comes to Bitcoin investment and making gain from it alot of people has different opinions and views concerning it because I am one of those people who is of the view that it's not a must that you have to see your Bitcoin investment, off course every one has their target when it comes to investments in Bitcoin but what I can say is that hold as much as possible and don't look for immediate profit due to the price.

To invest in Bitcoin, you must first change your perspective, that is, those who think of making short-term profits should change their attitude and invest in Bitcoin with a long-term mindset. Market fluctuations are very natural, and because of this, people can easily panic, but for those who can have a strong mindset to hold on for the long term, this volatility is never a problem, rather they can always take advantage of the volatility to buy more Bitcoin. So it is very important to set your goal for the long term, then there will be a good chance of achieving much better success from it.

From what i could said is that by adopting a long-term approach and maintaining a strong mindset, investors can better navigate the ups and downs of the bitcoin portfolio.

 Investing in Bitcoin with a long-term perspective can help ride out market fluctuations and potentially lead to better returns. Bitcoin's price can be volatile, but investors with a strong mindset can take advantage of dips to accumulate more, setting clear long-term goals can help investors stay focused and avoid making impulsive decisions based on short-term market movements.

[Cgrexp]

Honestly, if we do not have preparation, goals and strategies, then we will face disappointment. In investing, we should not just expect profit, we should move forward step by step according to the plan. I think that if we can create an investment attitude or mindset in ourselves, then after entering the investment, that person can move forward with the right plan. We have saved more or less money since childhood. And when we saved money as a child, we spent that money unnecessarily at some point. But when we started earning ourselves, then we understood how to save and invest regularly. Investing in assets like Bitcoin can be a focused and future-oriented way, but the challenge is to maintain this investment. When the price increases, many people sell out of greed, and when the price decreases, they get disappointed and stop investing. Keep 5 to 10% in Bitcoin with patience and regularly. Even if it is slow, it leads to big capital. The biggest lesson is that just investing is not enough, it is important to maintain it in the long term. With a little patience, discipline and consistency, any ordinary person can be in a much better position financially.  However, no one can build this patience and discipline in a day. For that, he has to practice, create plans and experience in himself. For this, he should create a habit or system of managing his money. Write down his financial situation and plan. If he makes a mistake, learn from it. Along with studies or work, I spend some time a week learning and practicing about finances. Regular learning and planning based on his own experience is the key to success. Before making an investment decision, take steps based on your financial situation, experience and future plans.