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.

People always want to spin narrative to suit their own perspective but unfortunately they are always displaced by facts. If as an investor you've missed out on the previous years when Bitcoin was a lot cheaper for you to have invested, nothing stopped you from going ahead in still investing the amount you would have loved to invest from the previous years you had in mind, come to think of it, bitcoin is still reliable and valuable, just like every other asset you would want to invest your money in, so the need to start ground standing and making excuses in investing in shitcoins is totally out of place. Yournarrative is making me understand that there are actually some persons that are only interested in volatile nature of shitcoins even when there absolute high risk of you totally losing your investment, I think the best advice is to avoid those kind of persons because that's really not an investors mindset.