The necessary rules of investing.

[Olatundespo]

Which investment strategy do you use and why?

Your opinions are welcomed here.

I am currently focused on Bitcoin accumulation using DCA method. There is no specific strategy here. I am making regular buying every week using the funds that are left over from my income and expenses, which is called discretionary income. To be honest I am in a job that pays me a salary every month but I spread that fund out every week for Bitcoin accumulation, which means I buy Bitcoin every week.

I only do it every week as well as keep a cash reserve fund available for lump sum Bitcoin buying during price decline events. This is a simple equation through which I am able to build my Bitcoin holdings. Discipline is as important as concentration in order to acquire wealth.

Waiting for the right time or a decline is not a good method, especially for those who have a short-term investment mindset. Because they think that they will buy when the price falls and sell when it rises. While looking for opportunities in this fluctuation, they can often miss big opportunities. In addition, it is difficult to find a dip for sure in the Bitcoin market. The best method for every investor is to invest regularly. When someone invests in Bitcoin regularly, he will naturally find some declines and the smart ones use this decline as an opportunity. Where you have adopted the right method. You have a stable income system and you buy Bitcoin from there on a weekly basis. In addition, you have kept a reserve fund to use the opportunity during the decline.

The mental effort to buy when the price of Bitcoin is falling and sell when it is rising leads to short term trading. Trading puts you in a dangerous situation because the price can fall further the moment you buy. You are right that those traders miss out on big opportunities because the point from which they buy is not a real dip.
You should have continued to buy at any point in the price of Bitcoin, whether it is falling or rising. In such a situation, the price of Bitcoin is volatile and can fluctuate greatly in a very short period of time, so anyone who wants to do short term trading will be at risk. Accumulate Bitcoin regularly regardless of the price because the portfolio that will be built up by buying frequently during periods of price fluctuations can expect good returns after a period of 4-10 years.

[noctilux01]

Accumulate Bitcoin regularly regardless of the price because the portfolio that will be built up by buying frequently during periods of price fluctuations can expect good returns after a period of 4-10 years.

I agree that consistency is more important than trying to time the market. Most retail investors lose money not because Bitcoin is volatile, but because their emotions are.

DCA works not only as a financial strategy but also as a psychological strategy. It removes the stress of “is this the bottom?” and reduces the temptation to panic sell during corrections.

However, I also believe flexibility matters. Keeping a small reserve for major corrections, as mentioned above, can slightly improve average entry price without turning the strategy into risky short-term trading.

In the end, discipline beats prediction. Those who focus on long-term accumulation instead of short-term price swings are usually the ones who benefit the most from Bitcoin’s volatility.

[Sammye3]

I would like to have a slightly different opinion on the subject of diversification, because diversification could be broad and spans outside the context of just cryptocurrency or bitcoin alone.
Diversification could include options like buying stocks and shares in different companies, investment in real estate or simply trading forex.
The goal I see with investment, is to earn passively and frequently, that instead of funds sitting idly in an account or wallet somewhere and possibly losing value, it could be making more money or giving birth to babies in terms of profit that could amount to something better and bigger in the long run with a consistent effort and proper management skills.

This ideology of investment is actually a good one but what could probably limit people from investing even after knowing all of this could be fear, inconsistent earnings or doubts.  This is because investment is for long term and not all investment is profitable on the long run.

You could probably invest in stocks and loss all your money, so don't say it like its always in profits , so most people would rather leave their assets sitting idly than invest in an uncertain stock or other form of investment. Everyone has a different emotional damage control and how they deal with losses, so it's also different for investments.

[L E G E N D A R Y]

When it comes to investing it's very important that we give attention to diversifying of our investments options because it's not a totally good thing to do if you restrict yourself to investing in only only one asset, when the price of such assets is down it's going to affect you negatively. Investing in different business and business helps you to secure you creating a sustainable wealth creation that helps you to not depend on only one source of income or business because, that in times of crisis in businesses that you have invested diversifying helps in protections from loses.



Another business lesson is the goal that you have, you should not invest without a definite goal and plan. Setting up business goals will help you to achieving these your goals in the shortest of times.

True, investing requires a total attention to it, in order to achieve something truly important and good to their investment, that is to say that the attention they put in it, will help in contributing positively to their investment and also to motivate other investors to see reasons why they need to invest, which is more better than other business ( it depends on people choice )and this also makes them to make decisions that will not later affect their investment.

[Y3shot]

Diversify your portfolio: While investing, ensure you don't put all you money in one asset. Ensure to diversify your investment to different assets like bitcoin, stocks, real estate. This is a way of spreading your risk of investment and avoid putting your hope in one asset.

When it comes to cryptocurrency, since there are no other coins that are as reliable as Bitcoin, it is better to focus on Bitcoin than to invest in coins that are not reliable all in the name of diversifying. People should understand why they are diversifying and not invest in shitcoins just for the sake of diversifying.

 Apart from Bitcoin, I think every other coin is very risky, and it doesn't make sense to rely on coins that are not reliable and of good value just to diversify an investment. It is better to have only Bitcoin as an investment than to have thousands of shitcoins in your portfolio.

[ASloveapg]

Which investment strategy do you use and why?

Your opinions are welcomed here.

I am currently focused on Bitcoin accumulation using DCA method. There is no specific strategy here. I am making regular buying every week using the funds that are left over from my income and expenses, which is called discretionary income. To be honest I am in a job that pays me a salary every month but I spread that fund out every week for Bitcoin accumulation, which means I buy Bitcoin every week.

I only do it every week as well as keep a cash reserve fund available for lump sum Bitcoin buying during price decline events. This is a simple equation through which I am able to build my Bitcoin holdings. Discipline is as important as concentration in order to acquire wealth.

Waiting for the right time or a decline is not a good method, especially for those who have a short-term investment mindset. Because they think that they will buy when the price falls and sell when it rises. While looking for opportunities in this fluctuation, they can often miss big opportunities. In addition, it is difficult to find a dip for sure in the Bitcoin market. The best method for every investor is to invest regularly. When someone invests in Bitcoin regularly, he will naturally find some declines and the smart ones use this decline as an opportunity. Where you have adopted the right method. You have a stable income system and you buy Bitcoin from there on a weekly basis. In addition, you have kept a reserve fund to use the opportunity during the decline.

The mental effort to buy when the price of Bitcoin is falling and sell when it is rising leads to short term trading. Trading puts you in a dangerous situation because the price can fall further the moment you buy. You are right that those traders miss out on big opportunities because the point from which they buy is not a real dip.
You should have continued to buy at any point in the price of Bitcoin, whether it is falling or rising. In such a situation, the price of Bitcoin is volatile and can fluctuate greatly in a very short period of time, so anyone who wants to do short term trading will be at risk. Accumulate Bitcoin regularly regardless of the price because the portfolio that will be built up by buying frequently during periods of price fluctuations can expect good returns after a period of 4-10 years.

Trying to gain short-term success from Bitcoin by exploiting its volatility in the short term often ends up costing most people more. When comparing the two, holding for the long term and buying and selling for short-term gains, considering the probability and history, those who expect the short term have always suffered more losses, but we hear more about the success of those who hold for the long term.

How much risk you are willing to take depends on you, and as such, you can decide to hold for the long term, or you can decide to buy and sell for short-term gains, it is entirely up to you. But at the end of the day, the outcome will definitely be based on your decision, as you decide, you will get the result accordingly, here it is necessary to know which one you are able to handle well and then make the right decision. Nothing can be achieved by relying on emotions, you may think that it is easy to gain short-term gains, but when you come here in reality, you will understand the main risks.

[Rockson1]

Diversify your portfolio: While investing, ensure you don't put all you money in one asset. Ensure to diversify your investment to different assets like bitcoin, stocks, real estate. This is a way of spreading your risk of investment and avoid putting your hope in one asset.

If it is Bitcoin, it has to be Bitcoin, in the digital assets space, it can only be Bitcoin, you know why, it carries what others do not have so it will be better for such to concentrate on it than trying to invest in some shit garbages that can gives us headache in no long time, investing in real estate is welcomed after all it is a good asset of it's own, we can actually invest in it but we should have gotten to the level of Bitcoin acumulation that we will say we are ok then we can diversify, remember diversification is a financial decision that we can only make if we have the finances to do so, personally I do not think it should be done because others did so.

[WhoYouCantKill]

Diversify your portfolio: While investing, ensure you don't put all you money in one asset. Ensure to diversify your investment to different assets like bitcoin, stocks, real estate. This is a way of spreading your risk of investment and avoid putting your hope in one asset.

If it is Bitcoin, it has to be Bitcoin, in the digital assets space, it can only be Bitcoin, you know why, it carries what others do not have so it will be better for such to concentrate on it than trying to invest in some shit garbages that can gives us headache in no long time, investing in real estate is welcomed after all it is a good asset of it's own, we can actually invest in it but we should have gotten to the level of Bitcoin acumulation that we will say we are ok then we can diversify, remember diversification is a financial decision that we can only make if we have the finances to do so, personally I do not think it should be done because others did so.

Most folks who invest in Bitcoin do so not for any other reason but for their own peace of mind. I know some people might ask what’s peaceful about Bitcoin when a single dip in the market can potentially deprive an investor sleep. Yes, there are people who actually lose their peace of mind due to market dips, but this shows just how mentally unprepared such an investor is, because every true investor knows that dips are part of the market, and rather than seeing it as a disadvantage they see it as an opportunity to keep accumulating more sats. But believe me, it gets even worse when it’s shit coin, I know a lot of shitcoins back then that are still where they are even up till today, at least Bitcoin investors rejoice even in the face of Dips knowing that there’ll always be light at the end of the tunnel, it’s historically proven and there’s no reason fear.

[Yorubek]

Diversify your portfolio: While investing, ensure you don't put all you money in one asset. Ensure to diversify your investment to different assets like bitcoin, stocks, real estate. This is a way of spreading your risk of investment and avoid putting your hope in one asset.

If it is Bitcoin, it has to be Bitcoin, in the digital assets space, it can only be Bitcoin, you know why, it carries what others do not have so it will be better for such to concentrate on it than trying to invest in some shit garbages that can gives us headache in no long time, investing in real estate is welcomed after all it is a good asset of it's own, we can actually invest in it but we should have gotten to the level of Bitcoin acumulation that we will say we are ok then we can diversify, remember diversification is a financial decision that we can only make if we have the finances to do so, personally I do not think it should be done because others did so.

Most folks who invest in Bitcoin do so not for any other reason but for their own peace of mind. I know some people might ask what’s peaceful about Bitcoin when a single dip in the market can potentially deprive an investor sleep. Yes, there are people who actually lose their peace of mind due to market dips, but this shows just how mentally unprepared such an investor is, because every true investor knows that dips are part of the market, and rather than seeing it as a disadvantage they see it as an opportunity to keep accumulating more sats. But believe me, it gets even worse when it’s shit coin, I know a lot of shitcoins back then that are still where they are even up till today, at least Bitcoin investors rejoice even in the face of Dips knowing that there’ll always be light at the end of the tunnel, it’s historically proven and there’s no reason fear.

It is true that all investors who have a true understanding of Bitcoin never lose confidence during market volatility, because they know very well that the price of Bitcoin will increase at some point and then decrease at some point, which is normal. When the price of Bitcoin decreases relatively, there is an opportunity to buy Bitcoin with confidence without getting disappointed, and those who take advantage of this opportunity with confidence and wait patiently for a good time are the ones who ultimately achieve success. Investors who buy Bitcoin and quickly get disappointed when they see market volatility do not really have a correct understanding of Bitcoin. If they really understood that the decrease in the price of Bitcoin means that a new investment opportunity has been created, they would not have been disappointed or given up so quickly.

[Orpichukwu]

It is not encouraging or good to diversify in Crypto though some people like the idea but I don't think i can diversify in Crypto because aside Bitcoin I can't invest in any other asset in Crypto because they so much lack the potential to do well and some of them once they dip there is no going or rising up again. So after investing in Bitcoin I will diversify into land and some assets because I have tried once to invest in shitcoins and I was highly disappointed.

My own idea of diversifying investment is that if I have a budget for crypto investment, more than 60% of that investment should go into Bitcoin, and the rest will be spread among a few top altcoins which I have faith in. Not all altcoins are entirely bad or not worth investing in; we all have our different preferences, though, and all should be respected, and there should also be plans for investing in other assets which have a separate budget, and in those areas there should be diversity too.

[Big Dirams]

It is not encouraging or good to diversify in Crypto though some people like the idea but I don't think i can diversify in Crypto because aside Bitcoin I can't invest in any other asset in Crypto because they so much lack the potential to do well and some of them once they dip there is no going or rising up again. So after investing in Bitcoin I will diversify into land and some assets because I have tried once to invest in shitcoins and I was highly disappointed.

My own idea of diversifying investment is that if I have a budget for crypto investment, more than 60% of that investment should go into Bitcoin, and the rest will be spread among a few top altcoins which I have faith in. Not all altcoins are entirely bad or not worth investing in; we all have our different preferences, though, and all should be respected, and there should also be plans for investing in other assets which have a separate budget, and in those areas there should be diversity too.

I do respect your own opinions and preference but for me in my own opinion I rather prefer to invest most of my investment funds in bitcoin alone and make good profits as soon as the market pumps. Having plans and having a Perfect strategy for our holdings on when to invest in the market and when to stay off or exit the market as soon as one make profits that is absolutely satisfying or maybe enough. 
And the other hand I do respect your opinion too on spreading out our funds into many pairs that will also serve as good as bitcoin and bring good returns also.
 There are many altcoins that can give us good value when invested in, even if not as much as bitcoin but at least it better than none but for me I would instead go for bitcoin in full and have the patience and strong faith.

[Achalugo BTC]

There are many rules that governs investing and sticking to it or investing with it, support one in achieving their goals and keep maintaining their stand on investing rightly. Though its hard to adhere to those rules as sometimes, we want to do things in our own way but with those rules, we will know the right time to invest and have lesser chances of losses.

[B-BossMan]

That's why it's always advisable to know where you are heading to and why you goes there, in the aspect of investment people make choices for themselves that will end up regretting, let me use some of our succeful businessmen as an example, when you take a look at them today and how well they are doing, you will not believe these people also pass through alots before becoming successful. The investment strategies and the mindset being applied matters alots, some of the successful investors today uses different types of strategies investments, they can just depends on only one investment and successful easily. Although there  are people that have the capital to invest but they lack knowledge while some have the knowledge on business ideas but they lack capital. Moreover to invest in any other thing requires time,patience and consistency expecially Bitcoin investment.