Quote from: bittraffic on Today at 03:13:17 PM

Quote from: DubemIfedigbo001 on Today at 03:00:50 PM

Quote from: Barikui1 on Today at 07:50:23 AM

Quote from: Out of mind on Today at 05:34:50 AM

Yes, most people are greedy, and they go to invest in Shitcoin to make a quick profit, but most people lose their money there, very few people can make a big profit from Shitcoin. There is a lot of difference between investing in Sheetcoin and Bitcoin, you will never lose your money if you invest in Bitcoin, but unlike Shitcoin, you will have to lose money.

You will never lose money by investing in Bitcoin, but if you can hold it for a long time, you will get a good amount of profit from it. It is possible to achieve success by investing in Bitcoin, but many times in the market crash, many people lose a lot of their money from Bitcoin. In that case, I think that if you want to invest in Bitcoin, you must analyze the market first and plan to invest in it for a long time.

Talking about the bold words in your statement, I think that this has already been overemphasize already, you don't need to analyze the market before making a purchase of Bitcoin, especially when you are a low coiner, or you are seriously lagging behind in your accumulation journey, it's a terrible mistake analyzing the market before buying because you can't outsmart the market, analysing the market are for traders not investors like us, because as Investors that we are, we are only looking at the bigger picture which is holding for a very long period of time and how much it might get up to in the future, so is their any point analysing the market when it's still very cheap now comparing to how much it might get up to in the future?
Don't you know that by analysing and waiting for the price to drop before making a purchase you might miss a whole lot of buying opportunities, So the best thing to do is to buy and increase your stash as much as possible once your discretionary income is available, because their is no better time to invest in Bitcoin than now, not tomorrow or next tomorrow.

In addition to what you've said, analyzing the market is subject to unnecessary time wastage, most bitcoin speculators would've really had a considerate quantity of bitcoin in their portfolio if not for their attitude of over-analyzing the market and failing to take action and start purchasing bitcoin for themselves. Also it is a waste of mental energy since you would have to spend a lot of time timing and analyzing the market instead of just buying and moving on to other responsibilities.

You should also know that the more you analyze the market and the longer it takes for you to start accumulating bitcoin, you are subject to decision fatigue and there is a possibility of fear setting in and you may end up still a nocoiner. DCA removes that fear from investors by buying consistently regardless of the price, your discipline and less concentration on the noise from the markets helps you eradicate such emotional stress and helps you expand your portfolio while remaining committed to your investment. it is important to note that a length of time spent in the market is worth more than such time spent timing or analyzing the market.

You are suggesting to just buy despite the price being so high already and if the indicators are right, the $107 price is the ATH. And if its true that we are already in teh bear market, 90k may just be the started of the crash.

There is the need to analyze and maybe even trade form time to time because we don't know whether this current price is just a dead cat bouncing. This strategic reserves of Trump could just be a manipulation to keep people buying while his team is dumping.

If you are a no coiner or low coiner, then you better start buying or continue to buy without fucking around trying to guess if the BTC price is going to go up, down or sideways.

A low coiner is anyone who has not gotten enough BTC, and an overwhelming majority of the world's population are either no coiners or low coiners and many low coiners don't even realize that they are low coiners because they happen to have a few coins. You, bittraffic, might be one of those smug low coiners who believe that they have enough when they do not.

Another thing, is that if you (bittraffic) are fucking around with the BTC price because you want to buy more BTC cheaper, then you may well be a low coiner.. so you should be buying bitcoin rather than continuing to have nonsensical ideas trying to predict the price, which you don't seem to be very good at if you believe that we might be in the beginning of a bear market and it matters..

Just think about it. You have been registered on the forum for 9 years (congrats) and you surely should have enough coins by now, yet you probably have been spending your time in the last 9 years fucking around trying to figure out whether the BTC price was high or low, and so making the same mistakes over and over and over, and now you are wanting to tell newbie forum members to do the same thing as you had been doing? How has that been working out?

Just imagine that if you had been investing $100 per week into bitcoin on a regular and consistent basis for the past 9 years, you would have had invested $47k and you would have had accumulated nearly 13 BTC. Hopefully, whatever fucking around that you have been doing in regards to trying to time the BTC price has gotten you similar or better performance than a straight forward DCA approach.

Quote from: BitBakerr1 on Today at 05:04:17 PM

Quote from: Joy- maker on Today at 02:34:00 PM

[edited out]

In Bitcoin investment returns are guaranteed only for investors who hold on for long term those who are traders returns are not guaranteed because trading is very risky and no one can really tell the at come because of the volatile nature of Bitcoin, so having that believe that when you go into Long term Bitcoin investment returns are guaranteed is not bad and I don't think people who has this believe won't seek for proper knowledge about Bitcoin.

Yeah Bitcoin is not risk free whether long-term investment or trading all have risk but trading is more risky than Long term Bitcoin investment because bitcoin volatility only affect those who buy and hold for very short period of time and that is what traders those and that's why trading is very risky.
Using your Discretionary income to accumulate and hold for long term is not because we are afraid of the risk we are using our Discretionary income so we won't get into financial problem that will lead us to dip hands into our investment especially issues of paying house bills.

Personally, I think that it is problematic to think about your bitcoin investment as guaranteed or to talk about it that way.

There is execution risks, and there is just risk in the asset too, and most of the risks can be mitigated in various ways, but they cannot be completely removed, and even framing in terms of trading versus investing does not remove the risk of the investor, and even having a long time line does not remove the risks of the investor.

Risk free seems a problematic way of thinking about your bitcoin and/or the way that you talk about it to others, especially since you could lose up to 100% of your investment, even if you had not employed leverage. If you employ leverage than you could lose more than 100% or lose it faster... but yeah, we do not need to employ or understand leverage in order to understand that we could lose up to 100% of our bitcoin investment.

We can also be bullish about bitcoin, and believe that it is the best investment available, while still at the same time acknowledging the various risks.. execution risk and various intrinsic risks related to the asset itself.