Patience and proper strategy are very important in Bitcoin investment. Many investors expect quick profits from short-term Bitcoin investments, and for this short-term profit, they invest with money that they may need very soon. And after a certain time, the value of Bitcoin decreases and they have to sell their holdings at a loss.

So do not invest in Bitcoin with the hope of short-term profits, because Bitcoin is not a get-rich-quick scheme. If you want to profit from Bitcoin investment, you must invest in the long term, and if you want to hold an investment for the long term, it is very important to create an emergency fund. This fund is a source of money that you can use to solve your daily expenses or any other urgent problem, so that you never have to sell your Bitcoin.

Also, an investor can never profit from Bitcoin for sure. Bitcoin is only a financial asset, and it is only a currency with a possible future. And it has the potential to give something good in the future. So first you need to understand the real potential of Bitcoin and make a long-term investment by doing proper research.

Don't take it because you want to solve your unexpected problems that may arise during your bitcoin accumulation journey and get distracted into trading bitcoin for short-term profit because it might have a negative impact on you, which will likely lead you to sell your bitcoin prematurely. There is what is called an emergency fund in bitcoin investment, and it is the money that is set aside before or after you start accumulating bitcoin so that if an unexpected problem occurs, you will depend on the emergency fund to solve the problem, which gives you the advantage to hold your bitcoin for a long time. If you have a steady income and you choose to accumulate bitcoin only with the DCA strategy, it will perfectly work out for you as long as you don't use the money that is meant to solve your daily expenses and invest in bitcoin, and I want you to understand that using one strategy to accumulate bitcoin has nothing to do with your life problems.

Many times we talk about an emergency fund needing to be at least 3 months of cash, and surely that should be the case, especially once your bitcoin value starts to get to higher levels, such as equivalent to 3 months of your expenses (or that you have put the equivalent of 3 months of your expenses into it).  3 months of an emergency fund can be difficult to establish right away, yet at the same time, probably an overwhelming majority of normal people operate regularly with a cash cushion of 2-6 weeks, even poor people, so they likely already have more or less an emergency fund in place, so they can usually get started investing into bitcoin with merely $10, just like they might buy $10 worth of cigarettes  (no one is saying you need $10 worth of cigarettes to surviver, but people spend their money on those kinds of things which are not necessary, they are discretionary and they are not getting any money back from the cigarettes once they consume them.. ).   Also, maybe I am being too strict proclaiming a need to be committed to investing for 4-10 years in the start. 

Of course, people can come to bitcoin with a shorter commitment, and then evolve into an investor... since maybe right when a person starts they don't need to commit to 4-10 years, but if they want to be an investor rather than a trader then they should commit to 4-10 years or longer, and surely many of us bitcoiners consider bitcoin as a investment rather than a trade...  (even though people do trade bitcoin, which they have a right to do, and they may well even make money off of it, even though many bitcoiners consider trading as a wrong approach and a wrong mindset in regards to bitcoin)...and bitcoin does not care.. you can do whatever you like, even dumb shit.


You are throwing around terms and I am not really sure what you mean.

When a person is prudent, then there is an idea that they are thoughtful about what they are doing and that they are making reasonable choices within reasonable boundaries.., so frequently we talk about making sure that a person is investing into bitcoin from within their discretionary income, so they would make sure that they are not using any money that they need for expenses, so it would be prudent to not invest beyond your discretionary income, yet within the scope of choosing how much to invest a person could invest aggressively, which might include use close to all of their discretionary income or all of their discretionary income on bitcoin which might become dangerous if they make mistakes in calculating their expenses or their income .. which would not be prudent to be engaging in such danger.  On the other hand a person might invest very whimpily into bitcoin.  Let's say that they have $500 per week in discretionary income, yet they choose to ONLY invest $10 per week into bitcoin which truly is their choice, but it seems imprudent if they otherwise consider bitcoin a good investment and they already know how to secure their coins adequately.

Regarding cash floats, I am not sure if you are describing the concept very well, since maybe you are merely talking about discretionary income, but sure,  you might be correct if you might be suggesting that floating cash might be the amount of cash that is available every month while you are still trying to figure out whether you need it for expenses or not, so you have $200 available for various expenses, and so then by the time all your bills come in (and become confirmed) you see that all your bills had only cost $120 and you are going to be getting paid again in a couple of days, so you had kept the $200 as the floating amount, but once your bills are confirmed, then you realize that you have $80 left over, which would be discretionary income or you could float it into the next pay period, since you are getting paid in a couple of days and you do not necessarily need to resolve how you are going to categorize that extra $80, and you might choose to wait to see how much you are getting paid before deciding where to put it.  You could end up putting it into some kind of back up fund that could be for any purpose that you decide, such as buying bitcoin on various conditions, taking your partner out for dinner, savings fund for your new computer, money to pay the plumber who needs to come fix your sink - not urgent but a thing you would like to do, etc etc.


I am not going to say that I know where the bitcoin price is going to go, but I think that you are retarded if you think that the bitcoin price is going to go up to $110k and then crash back down to $50k or even $70k.. but you can do what you like, and maybe you will be right with your gambling approach to bitcoin.

I have already said many times that bitcoin should be a long term investment (but you don't need to agree and you can do what you like, include having fun staying poor), and so with a long term investment, you can accumulate until you get to a point that you can live off your bitcoin or mostly do that... but you are not going to get anywhere if you are fucking around trading.

Just think you have been registered on the forum and presumptively knowing about bitcoin for nearly 10 years, and so potentially, you could have had accumulated enough bitcoin to have a pretty decent bitcoin stash with merely $50 per week, you could have had invested $25.5k and you would have had around 14.2 BTC... and so that would be a pretty good place to be.

Of course, the future of bitcoin is not likely to give you the same returns as the past, but bitcoin still remains amongst the best (if not the best) place to be investing, and you want to be fucking around with trying to trade it rather than ongoingly, persistently, consistently and perhaps even aggressively buying it?  Selling does not help you to accumulate more bitcoin.  Selling only puts you at risk of having less bitcoin.  Yet, sure that is your choice to do what you like, even dumb stuff since it seems like a wrong choice if you are not erroring on the side of accumulating and holding bitcoin until you get to a point of having too many... and you have to figure out how many bitcoin is too many, which based on your posts, you don't seem to have very good judgement about those kinds of things.


Probably you are better off to consider your two sides of the business as 90% investing and no more than 10% trading, without any cheating since the trading part is likely going to be losing relative to the investment side, especially over the next couple of cycles, yet your thinking is so perverted that you continue to divert value from the investing side, since you cannot appreciate the value of investing, and most likely better to be getting income from other sources rather than trying to get income from trading.  With your income you also need to pay for your regular expenses too (housing, food, transportation, etc)... 

What you are saying  is way easy to say than to actually do it and to be successful, especially over a longer period of time, such as a couple of cycles.  You have only been registered on the forum for a couple of years, so do you have experience beyond that?  And in the last two years you would have likely been better off to just buy bitcoin rather than fuck around with various trading.  How has your trading been doing in the last two years?  You killing it?  If you are killing it, can you keep it going for another 6 years? 


Lets say that you were in bitcoin for the last 9 years and you had invested $100 per week, you would have had invested $47k and you would have nearly 14 BTC.  Do you think that a trader could have had beaten those kinds of results?


Trading does not give you a second source of income, and your investment is not a source of income either until it reaches overaccumulation status.

If you have a source of income that allows you to pay for all of your expenses, and then you trade on the side and you also invest into bitcoin, that could work, but still it seems problematic to divide them 50/50, but sure, something like that could work if you could stay disciplined and not be either depleting your investment side and perhaps just keep trying to build your trading side and see if you can get your trading side to beat your investment side over a couple of cycles, like 8 years.

You may well devolve into gambling and cheating but if you were to have an income source, and you invested 50/50 into each then you are diluting the investment side, but if you can get the trading side to perform equally or better than the investment side over 8 years, then I would concede that you were able to do a good job, and you ended up being a rare species since an overwhelming majority of folks would not be able to out perform regular DCA investing into bitcoin, especially over a couple of full cycles.

You think that you are smarter.. so good luck, you might be correct, but you sound retarded when you suggest it is easy peasy and the everyone should be doing some risky ass version of whatever the fuck you are doing with your 50/50 proclamations.


You know one of the main mistakes a lot of traders do?  They end up selling too much too soon, and they end up not being long in bitcoin when they should be, and bitcoin has only a few days (maybe around 10 days) per year that you better have had been in bitcoin, because that was where all of the profits were, and if you miss out on those days, you end up fucking away all of your previous trading profits.  Another thing if you use leverage then you may well get yourself into more potential problems, but hey you can do what you like, but your marketing trading as if it were the smarter way to go is not correct because it is a very difficult thing to accomplish, even if you are very good at it... which sure, it is possible that you might be one of those smarter than average traders, and they are pretty rare.. but yeah you might be one of them... perhaps? perhaps?  You seem a bit presumptuous in regards to believing that it is easy to accomplish what you are saying.

Bitcoin as I have heard is an investment that should be approach with a long term mindset that is to say is not for a quick money and for that it is very different from every other kind of investment, emergency funds is always encourage to build to stand in terms of problems and challenges, moreso we have to come in to investment with positive vibes than negative and when it comes to having different business it will be more better on subjects that are not related for safety, there are other things one can do to get money other than trading Bitcoin in a short time, you can be confused with mix up investment decisions, it will be more better you Chanel all your energy in building your investment than trading and at the same time trading.