Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Sonia_123
on 29/03/2025, 23:45:56 UTC
If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.
Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.
I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.

Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out. You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

Anyone investing the money meant for their important needs in to Bitcoin only thinks that Bitcoin is a quick and get rich scheme and at such it a deformity, mismatch and misplaced priority, they will end up getting disappointed when the results they expected didn't come as quickly as possible, leading to selling when they are supposed to be buying and some time they can even sell out of lost in order to attend to taken care of their important needs. Bitcoin signifies financial freedom and even in the manner at which we are investing, we don't have to do it suffocating or struggling with our important needs.
Lack of knowledge about Bitcoin is the reason why someone will use money meant for his or her personal needs to invest in Bitcoin, no one with the knowledge about Bitcoin will do such a thing except his a trader who has high hope in his or her prediction and expecting to get his or her profit fast.
You are right we don't need to struggle while investing in Bitcoin and that is why it is said that one should use only his discretionary income to invest so as to avoid struggling with your investment.
Discretionary income is an income that is lift after deduction of taxes, mortgage and basic living costs. Now using that money lift after settling all your basic needs won't make you struggle while investing.
In other to be a successful investor in Bitcoin, you need to have additional source of income not only your discretionary income can make you a successful investor because if there is an inflation in the economy without the increment of your discretionary income how will you cope with the little left.
You can only be successful in your investment and increasing your portfolio if you have your emergency fund and reserve fund which makes it easier and comfortably to accumulate even when using the DCA strategy, you still need to have a reserve and emergency fund tobe a successful investor , when you have these two back-up funds there is no way you will use the money meant for your upkeep to purchase Bitcoin because they are always there as a support for you at anytime you are in need of funds.