for example, looking at the
9 individual factors that I believe are good to consider for both beginners and for more advanced bitcoiners..
What an interesting thread to read. I never knew investment threads like this exist on the forum. I will appreciate more of this kind of threads. I think I like the part where you stated that having full knowledge is never the topmost thing, as we can gain this knowledge even while we put the investment to test. And also, I was wondering if you actually ordered the 9 individual factor?. My reason for asking, is due to it's accuracy because
Cash flow happens to be the most important thing for investment purposes. If we don't that have the necessary funds, then there is literally no way we can put our investment knowledge to test.
Like I said earlier, I will appreciate more of these investment threads.
I guess each of us write posts or participate in threads in accordance with areas of our interest, and since the beginning of my forum history, I had never really been much of a thread starter yet there came a point in time that I felt that I was repeating myself so much that I felt that I needed to create a new thread on the investment ideas topic in order to put some of my thoughts in a bit of a better order, and so in recent times, I have been frequently linking back to my various posts in that thread and then also in the
more recent thread that I created relating to sustainable withdrawal.
Of course, my ideas are not completely closed on those topics, and sometimes I will edit the Opening posts.. yet I try to show the dates of my edits, even though my system on showing the dates of my edits might not be the best... but yeah feel free to post in that investment thread if you want to explore some of the ideas or you have any questions or comments on the ideas.
Surely, even my ideas might also evolve, and I might not even realize that I had changed my mind on a topic that I had previously posted about in that thread... I know that since the end of May, I have needed to update my fuck you status chart, and I have my own updated version, but I have not yet gotten around to updating the thread with a new fuck you status chart that shows our end-of-May numbers that I already know will end up somewhat changing some of the forward projection of the numbers of that chart..
sometimes an investor can decide to take a break from accumulating maybe 2-3 month difference just to balance their financial life before they can start accumulating. In summary having an alternative is always advisable so it will be easier for any investor to continue their investment.
An investor taking a break from their bitcoin investment should be when the time of the market is it. Whether the market is bearish or bull run. If the market is in a bearish market state, taking a break from the market shouldn't be advised because that's the best to accumulate bitcoin at a low price. For bull run taking a break is a good idea for the investor not to be buying bitcoin at a high price, but rather to wait for the right time to do that.
For this time of the market, bitcoin has a correctional price, it requires no break but a DCA strategy of investing till when one feels that the market has gone past the correction stage to the bull run. I think we will see that soon.
I wonder if you are describing these matters correctly JoyMarsha? I have my doubts if beginners should take breaks whether there is a bull run or not, since it can be quite difficult to know if there is a bull run or not, so both you and Miles2006 have pretty recent forum registration dates, but surely there could be some circumstances in which some investors might have front loaded their investment so they might no longer be engaging in strict DCA strategies, yet I suppose that no matter what, each of us should be figuring out our own financial circumstances, and so if we made some mistakes along the way, we likely have to reassess, even though surely it seems to me that following a pretty strict DCA strategy for a whole cycle should be amongst the basics for the new investors who are not in a position to front load their investment, and even the ones who are able to front load their BTC investment, they still want to continue to DCA through a whole cycle, yet surely the more bitcoin that any of us has accumulated, then the more that accumulation level could end up affecting our thinking about if we have enough or not and/or whether we might want to move away from a strict DCA approach and into some other tactics that might involve buying on the dip or maybe some other waiting rather than buying all the time kinds of strategies.