Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Futurexxx
on 04/04/2025, 22:17:34 UTC
...
Going back to the OP, it's always buy time for any real bitcoin investor regardless of any price shifts, the price of bitcoin dropping after you have just made a purchase should not deter you from buying, it should instead be a motivation, you now get to buy at a cheaper rate than when you started which will ultimately bring you more profit while still accumulating because the price will eventually go up, there is never an off season for buying and investing in Bitcoin, everytime is buy time for any real investor.
So just buy! buy!! buy!!!

why the DCA method is very good because if we buy bitcoin with a consistent amount of money every week or month then we will get the average price of bitcoin and of course our minds and mentality will be well maintained, and this will create large long-term profits, but you must always remember not to fomo in the market because buying without careful calculation will only create fatal long-term losses.

and real investors also have a stable income to support their finances so that their goals are achieved, because it is feared that if they do not have stable money, they will sell when an emergency occurs.
They don't just need a stable income but they need a discretionary income which from there, they can use to start investing and build their emergency funds of at least three months of their salary. Emergency funds is what you are to use to take care of real emergency when it arises so that it will prevent you from selling your bitcoin investment when it's not of your own will. You need a steady income to take care of your monthly needs and expenses and not your emergency funds.

Any successful investment is as a result of availability of a good source of income and emergency funds and emergency funds plays a big role in our Bitcoin investment because without emergency funds our investment won't go anywhere even if there is discretionary, because one will definitely touch his or her investment when it is not mature, emergency funds is the motor that drive our investment to the point we desired or wish and once there is problem with the motor ( emergency funds) our investment will begin to shake and as such emergency funds is something we should joke with while carrying out our Bitcoin investment.
Discretionary income should be considered before an emergency fund if you have your emergency fund without your discretionary income you can't get started with your bitcoin investment because you can't accumulate with the income meant for family upkeep or use because it is from your leftover fund that you can use to accumulate Bitcoin anything outside your discretionary will be considered as gambling, am not saying that emergency fund is not important no it is but shouldn't be considered first when starting your bitcoin investment.
To summarize all that have said here is that without a source of income, it's impossible to invest in Bitcoin consistently and hold for a very long time, because it's through there you stack up your emergency funds needed to protect your Bitcoin holdings after accumulating for any numbers of Year's that you have accumulated Bitcoin.
But take note that your discretionary income is what you uses to invest in Bitcoin, but what makes you to be able to hold successfully is your emergency funds, not your decretionary income.

Quote
What makes you successful in your bitcoin investment is how constant and persistently you have been accumulating Bitcoin and how long you were also able to hodl your Bitcoin and what keeps your going is your discretionary income.
This statement here is quite confusing, to the best of my knowledge what makes you to be able to invest consistently is your source of income, but what makes you to be able to hold relentlessly without selling is your emergency funds and even possibly a backup fund.