Quote from: Futurexxx on December 30, 2024, 06:13:47 PM

Quote from: NewRanger on December 30, 2024, 06:04:22 AM

Quote from: sotelorene on December 30, 2024, 01:01:01 AM

However, just like you said that you stared few months ago and it is practically and humanly impossible to grasp everything now perhaps you should give it more time to.... so you shouldn't be in haste before you lead yourself into problem, this discussion or this board is not just an ordinary discussion board but rather a discussion where you don't have to misunderstood things or rush things, how long you joined the forum doesn't matter rather what matters is that at the end of the day you are able to make a difference.

I think it's better to do it properly and normally, buying BTC with DCA is most comfortable to do manually, if it feels right, just buy and buy according to our financial capabilities.

Everything that looks sophisticated and is considered helpful has an expiration date and will be abandoned, especially if it is problematic and deviates from the desired function.

Investing must be relaxed.

Yea you are very much correct bro, investing must be done in a relax manner because if for any reason you invest more than you can afford to do away without for a very long time or you invest aggressively, more than your capabilities, at some point you may struggle in not tempering with your investment, because when money meant for other things are being diverted for an investment purpose, their will be too much pressure on your emergency fund and your discretionary income, so if the emergency fund is not large enough to carry the burden, you will be forced to temper with your investment if the emergency situation at hand is too important to ignore.

You made a great point here and I agree with you, Bitcoin investment and every other investment out there must be be done in a way that the investor is not placed in a state of restlessness after doing an investment this is the more reason why everyone who chooses a long term investment is advised to have different stream of income so that they are not dependent on the funds they invested in Bitcoin because it will affect their chances of making profit if they are not relaxed when the price is not increasing.

An amount that is to be invested in Bitcoin shouldn't be an amount that is meant for other things because there will also be needs in the family that's why one should have s spare money that should be used for investment only, coming to the forum there has been a popular saying that one should invest with an amount that he or she is willing to lose not just because the investor is losing the money but because it will help the investor not to put so much trust in the amount because it will not be helpful to his mental health. Always have an amount set aside for other things and don't use all your money for investment it will save you the stress of running around to pull out your money when there are emergencies in the family. Have a stable source of income if you must be a good investor and know the amount to use for your investment.