Quote from: ginsan on February 06, 2025, 09:33:16 PM

Good investment of course with good planning, don't be too selfish and don't push yourself too hard. Long-term investment is not a short time where we will go through year after year in the planned investment target. So weekly purchases are more appropriate because slowly we will also achieve satisfaction at some point.

It's useless to force yourself, because if you are not ready then you are at a more difficult stage in managing your cash flow management, then you will relatively make mistakes.
Forcing yourself means where the excessive investment budget adjustments so that it will not be able to keep up with daily living needs.

I prefer to call bitcoin investment a relaxed investment without pressure and without anyone's encouragement, so all decisions are in our hands. Buy with a budget that can be invested and do not force yourself to act because it will make you even less prepared if your economy declines in the next 3 months.

We can never know what is going to happen, so surely we have to set up systems to control the areas that we are able to control, which mostly relate to our own personal budgets and psychology, so there are ways to invest in bitcoin as aggressively as we are able to do without going overboard, and each of us has to find those kinds of balances for ourselves, and surely I am not even saying it is easy. Several times in my first whole cycle of accumulating bitcoin I was told to sell some bitcoin or to make more cash available and various proclamations that were suggesting from the perspectives of others that I was overdoing my bitcoin investment, yet at the same time, I found balance for myself, even though surely when people are telling you to do different things it can sometimes be difficult to manage those kinds of communications and to figure out the extent to consider them.. including that there also can be periods of having doubt over our level of aggressiveness.. .so no one can answer for another, even if sometimes we may have interactions with people in the real world who might be trying to influence us away from investing into bitcoin.

Quote from: ginsan on February 06, 2025, 09:33:16 PM

What about the long-term planning strategy, of course we only need a passive cash flow every month and can adjust a few percent to be invested, have the will to continue buying and eliminate the desire to take profit in the near future. In terms of focus, it is certainly better with weekly bitcoin accumulation and in terms of mentality, of course, we already have a strong mentality because we have gone through several sharp decline cycles. Of course, we realize that bitcoin investment is a better hedge for the future.

Even though our profits in bitcoin are not guaranteed, there still can end up being some fun to develop various systems and to be able to see how we progress in our investment over a cycle or two or more.

Quote from: Mayor of ogba on February 06, 2025, 10:47:27 PM

Quote from: OfficialGratejoy on February 05, 2025, 04:48:56 PM

It's not just all about buying bitcoins and accumulating them,also know when to sell,Because too much accumulation,will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

Before you start accumulating bitcoin, I believe you have a target of the amount of bitcoin you want to accumulate and how long you want to hold your bitcoin, so I believe you will not be in a rush to sell your bitcoin when you are still in your accumulation stage. Bitcoin is not quick to get rich soon, so you need to hold your bitcoin for at least 4 years before you can even think about selling it. As far as bitcoin investment is concerned, if you are able to accumulate more than what you wanted to accumulate at the beginning of your investment, it is a good achievement for you because it would put you in the position of getting a huge profit from your bitcoin investment if you hold it for a long time. We are not accumulating bitcoin with the intention of selling it in this present bull run, and this is not the last bull run to come; there are so many bull runs that are yet to come, so we have a lot of opportunities to sell our bitcoin in any of the bull runs that would come in the future. One good thing you must know about bitcoin investment is that if you hold your bitcoin from now till the next 4 years, you will be in amazing profit when you make up your mind to sell your bitcoin because the price of bitcoin in the next 4 years will be higher than the price of bitcoin now.

I doubt that there is any need to be super-specific in regards to our BTC accumulation targets, especially when we are in our earliest stages of accumulating bitcoin. Sure we may well have plans to accumulate as much bitcoin as we can for the next 4-10 years or longer, and we might have some outlines in regards to where we want to get.. so for example, we might want to have a goal of accumulating 10 years or more of our needed income at the time that we might be ready to live off of our bitcoin.. so we might not even plan to sell our bitcoin, but we are accumulating our bitcoin so that our bitcoin will give us more options, including ways to engage in sustainable withdrawal practices, yet we cannot really figure out our BTC sustainable withdrawal practices prior to getting to a position where we might becoming close to reaching some of our target accumulation levels (or target wealth status levels)..

To me, planning to accumulate bitcoin in order to sell it all seems like trading rather than investing, but hey there might be nothing wrong with coming to bitcoin with an idea of selling it all down the road, yet if we spend time accumulating bitcoin and studying bitcoin, we may well come to realize that selling our bitcoin is not really any kind of a great plan... yet each of us has to figure out how to deal with our bitcoin once we get to a position that we might be consider to have enough BTC or more than enough BTC.