Quote from: Kwarkam on Today at 12:19:03 AM

Basically, there only exists two types of Bitcoin investors:
Those who want to hit it big, and are doing the needful, you know them as holders
And those who use btc as a means to an end.
Clearly, posterity has shown us which is the better investment path.
Imagine buying btc when it was below 20k, and then , just how you'll bask in brofit now that it's tripled, this only applies for holders, get the point?
The fullness of Bitcoin profit is only enjoyed by HODLers. This doesn't apply to shitcoin, as if you hold on to them, you'll have reason to cry

You speak a lot of nonsense.

Guys can do whatever the fuck they like.

Some of them are more whimpy investors (or timid in their approach) and others are more aggressive. Some have more abilities to ongoingly buy and some might not realize that they are able to do that or that it would be a good idea to do that.

Some guys are also confused with the value of holding and are tempted to sell rather than to buy, so they get tempted to want to trade, even prior to their having had built up their BTC investment size.. so it can take a while to go through some of those kinds of phases, and I see no real value to denigrate guys who might be truly trying to figure our their own approach to bitcoin that is customized to their own situation.

Why don't you tell us a little bit about yourself?

Have you been buying bitcoin since your forum registration in mid 2022? or before that ? or after that?

What was your approach, and how is it going?

You are a bit new to bitcoin to be lecturing about what might be the better of approaches, unless your forum registration does not adequately demonstrate your investing experience, either with bitcoin or otherwise.

Quote from: I_Anime on Today at 01:03:58 AM

Quote from: JayJuanGee on March 19, 2024, 11:51:01 PM

[So, when you put money into bitcoin, you should be considering that money to be completely gone for 4-10 years or longer.. and you are not going to be able to or want to dip into it for any reason, except the passage of time and there after seeing that a lot of time has passed and your value in bitcoin had been compounding several times.. and as you keep investing, each time that you newly put money into bitcoin, that money becomes ineligible for withdraw for 4-10 years or longer.. so if you are still fairly aggressively investing into bitcoin 10 years down the road and you are still adding value to your holdings, then the new money that you put in has a 4-10 year investment timeline, and so it makes no sense to be selling any of your BTC if you are still accumulating 10 years down the road.

which such target 4-10 years depending on how frequent one his in his bitcoin accumulation, one can be able to secure a good portfolio for himself after accumulating and holding for such time rate . And for someone who's interested in holding , would actually need a good good source to hold for that long . One should always make good plans ahead accumulating and same time handling financial situation.

You have been mentioning aggressive when accumulating bitcoin if I may ask I can one know if his over doing it (getting too or over aggressive) with his investment , so sir @JayJuanGee how can one know .

Maybe you should provide an example in regards to where the confusion might lay?

The general idea is that each of us should have some ideas about our discretionary income - which is the difference between income and expenses, and surely not too many folks are going to have exactly the same discretionary income each month, even if they might have a pretty steady income and some pretty steady expenses. There is likely going to be some variance, which is part of the reason to maintain emergency funds, reserves and to manage aspects of your cash float.

The more organized that you are and the more experience that you have, then the more aggressive you can be in terms of spending higher amounts of your discretionary income on bitcoin (maybe even being able to spend 100% of your discretionary income on bitcoin), but if you are still trying to figure it out with exactness, and if you are still building your emergency funds and your reserves, then you would likely be better served by being less aggressive in terms of how much of your discretionary income you are spending on BTC, maybe only 10% to 20% of it.

You are likely going to be going overaggressive if you are spending beyond your abilities to be sufficiently organized, or spending high levels of your discretionary income without being sufficiently organized, or not establishing much if any of an emergency fund and/or reserves or prematurely tapping into your reserves and/or your emergency funds to put yourself into risky situations in regards to actual emergencies that might come, or inabilities to take advantage of BTC price moves, such as dips because you exhausted all of your funds without adequate preparations to be able to continue to buy and/or to buy on dips, if dips come.