Re: Buy Buy Buy or Sell Sell Sell?

I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.

Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again.

As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals.

It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility.

It brings us back to position size and DCA, again.

Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero.

I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey

The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future

Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.

Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level.

people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading.

Yes, buy and hold Bitcoin on the belief that it will take you to a strong financial position as long as you continue on its long-term road. Since the day Bitcoin was launched some people thought it may a scam but it has gradually grown into such a huge store of value. We still think Bitcoin is passing its adolescence and is in the process of more significant price increases in the next 4-10 years. It is not too late for us to invest in Bitcoin and even think that if we can start accumulation we should start holding a large amount.

The consideration for some guys is that instead of engaging in short-term trading they hold for the long term and continue to buy for a long time to build their future. This is a kind of reminder that they want to be more careful about their investments than when they started and compete with others in holding Bitcoin.