Quote from: Edcrypto91 on Today at 02:50:58 AM

Quote from: JayJuanGee on October 02, 2024, 02:08:56 PM

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set,

Investing in Bitcoin doesn't have to be tied to its rising price with a solid plan and smart money management you can jump into the market at any time the key is to avoid greedy impulses and embrace a long term perspective weathering dips and bulls alike don't get distracted by short term gains holding onto your investment through ups and downs yields more rewards than constantly buying and selling consistency is crucial continue investing steadily over time resisting the urge to sell at the first sign of profit this patient approach allows your portfolio to grow substantially ensuring a successful investment journey by focusing on the big picture you'll reap the benefits of long term growth making your investment a true success story.

It seems that if you are an investor rather than a trader, then you can buy at any time, and your time horizon would be 4-10 years or longer, so then if you are new to bitcoin it could take you a while to build up your BTC position.

If you are planning to get in and out in less than 4 years from times of any of your investments into bitcoin, I would consider you to be a trader rather than an investor, which sure people can do what they want, even though bitcoin seems to be amongst the best, if not the best, of investments currently widely available to a broad swath of the world's population, whether rich or poor.