Re: Buy Buy Buy or Sell Sell Sell?

Ok, I will make it simple.

I started invest in Bitcoin with my own money, my salary when I was an employee in a company in 2017. With $240 per month of the salary equal to $2,880 annually, I can saved $20 per month to be used as Bitcoin investment. This is not related from what I earn from forum or other income because that income was for my daily needs. Unfortunately, the daily needs cost become expensive day by day but I can filled that.

At that time, I am not aggressively invest in Bitcoin because I must filled my daily needs. That was a difficult moment for me but I still invested in Bitcoin.

Yes, I have enough Bitcoin right now and I can change my family life better. And I wish I can earn $1.2 million from Bitcoin investment. But that will not be a matter for me because I still accumulate Bitcoin using DCA. Thanks to Bitcoin and DCA.

Hmmm base on the time you started am pretty sure you have gotten some nice amount of bitcoin now due to the price range then , and the fact you are still accumulating is just nice too . I wish I’d started mine that early too may be i would have gotten far in my bitcoin compare to now , am still kinda proud at my recent bitcoin stack but i still have long way to go that’s why am not thinking of stopping my bitcoin accumulation any sooner .

I believe with time I will get there ( the point of having enough bitcoin stack ) , but for now all I got to do is to keep accumulating.

Quote from: Yoona_As on Today at 09:22:33 AM

When the Bitcoin market faces a big dump, many people sell it and later regret it because many experienced investors invest at that time. People in almost all regions know that Bitcoin is the most expensive currency within the cryptocurrency. So in my opinion, you can never expect the price to increase for investment because when the market falls, you will not lose money if you consider it as a discount and invest.

Yeah the weak hands will always sell thinking they are playing it smart in order to buy again in cheap rate the truth is that they are only showing that they don’t actually know how bitcoin works , though some certain external events can affect the price of bitcoin but still can’t control the movement of bitcoin, so bitcoin can surge at the moment you selling at loss thinking that the price will go down more or rather dip further.

Take a look at the present bitcoin status, you will get to understand that there's no verified Dip in bitcoin. Bitcoins volatility is the secret and driving force. However, some traders get to change their mindset and focus on investment after series of losses a d when they do, the make the best version of investors.

I certainly agree with you that most traders who change their mindset and later focus on investment after series of losses, majorly because they've learnt a bitter lesson about trading especially the hostile volatility of trading would have just little to learn about investment strategies before starting their investment journey. i believe traders who later christened themselves to be investors would have a better understanding of the market and would probably be good Bitcoin investors because i believe they've seen the tide and they've understood the market volatility which is not the same with trading and how profitable investments could be if they do have patience which is also a scarce commodity for traders because they believe in quick profit taking, so if a trader can garner all his experience and be humble enough to invest in bitcoin, trust me he would turn out to be better version of a bitcoin investor.