Quote from: ZeroVinsonN on Today at 06:56:38 AM

Quote from: Gost ms on Today at 03:45:38 AM

Quote from: Churchillvv on Today at 02:03:12 AM

Quote from: Sonia_123 on April 16, 2025, 11:24:09 PM

Those are short term investors not a long-term investors, a long-term investor will not sell his investment at any given time, and if he has to sell his investment due to health issues that is after using his reserve fund am sure he will be willing to start all over again because health they say is wealth.

But for those that don't have any health issues and sold their investment because of the price increase in the market are not good investors but traders, because no matter how he struggles to get the money to come back into Bitcoin investment, will still sell off their investment again when the price goes up again, these set of persons are known as perpetual traders that are always looking for opportunities to sell.

Perhaps you might have a misinterpretation of people's action, some guys who are selling or sold around $100k are not traders perhaps you might think all that because you're still a newbie here.

Some guys acquired bitcoin or bought bitcoin when it was around a thousand $1000 - $10,000 having made so much profit sold at $100k is not an act of trading, some of this guys even use the sustainable withdrawal practice to withdraw their bitcoins yet having so much left.

If you know what bitcoin really is you will discover that if it's not exchanged, transactions taking place then it's not longer a currency that Satoshi created it for rather it's just now an investment too.

There are many people who buy and sell their holdings when a small amount of leverage comes, are they investors or traders? They are definitely traders. Because investors will never express their desire to sell their holdings or sell them because of short-term greed. Investors will continuously buy BTC until they can accumulate enough BTC in their portfolio. And wait until their time limit ends.

If someone sells their holdings before the expiration of the term, even if they sell $100,000, I think they are not a real investor. It is not something that you will sell your holdings before the expiration of the term because you will make a lot of profit. If you have a certain amount of holdings, then you can take a profit by selling some BTC after 1 cycle or 2 cycles. This is completely my personal advice.

Of course these people made good profit, but they aren't actual investors if they sold too early, but if they sold after at least one cycle and if selling at a time like this was their plan all along then they can't be called traders even if one cycle can sometimes be seen as short term by some people, it is still long term, just the really short end of long term, though I believe that if a person's initial holding plan was for 7 years and they sold their holdings 2 years short due to a pump in bitcoin price which would mean they sold at around 5 years of investing, then they can't be called real investors, this is because even though 5 years is more than 4 years which counts as one cycle, that sale can still be called trading since the person sold because of the profit that came at the time, even when selling at that time wasn't initially a part of his/her plan.

Sure it can be helpful to discuss various scenarios that might happen, and surely there is going to be quite a bit of variation between intentions that were in place in the beginning and also maintaining our authority and/or discretion to tweak our plans along the way or even to abandon our plan.

Sure some guys are going to end up making mistakes when they change their plans, and they might even lose sight of their original purpose(s)... so it can be quite difficult to proclaim that another person can or cannot do something or to proclaim that they are not sufficiently looking after their own best interests.

Poor people frequently will make the mistakes of cashing out way too much too soon, and sometimes they might not realize their mistake until many years after they had already made the mistake. They might not even agree that they made any mistakes, even if they end up being financialy worse off by their changing of their plan and selling portions of their bitcoin (if not all of it) at various points in time on the way up.

Quote from: Derekfunds on Today at 08:00:54 AM

Quote from: JayJuanGee on Today at 06:40:50 AM

So I hardly see any purpose to suggest to beginners to be worried about whether a correction may or may not end up happening this time around, and they likely should just be spending most of their efforts buying bitcoin regularly and persistently, at least for a whole cycle, unless if they might be able to front load their bitcoin investment.

JJG I think buying regularly and persistently using the most reliable and convenient approach is the best for any beginner in Bitcoin investment because it will help them not to run into trouble that is running out of finance and..., buying regularly will help them maintain and stay in the right track if they are determined but front loading is what a beginner should stay off from because if they don't have management skill it will result to a trouble too because if one don't have management skill, one can front load more than he or she is suppose to... That is why buying regularly using the DCA method is preferred for mostly beginners because they will have a particular amount they will be accumulating with unless there is a change in there source of income.

You seem to be misunderstanding the concept of frontloading. There is no reason that you need to presume that front loading is going to necessarily involve overdoing it.

Maybe an example might be helpful. Let's say that a person is in his mid-30s and he is new to bitcoin, and he had been investing for about 10 years at around $100 per week into non-bitcoin investments.. and he earns about $30k per year, so over the past 10 years, he had invested close to $50k, and maybe his total investment portfolio went up by around 70% during that time, so then he had something like $85k in his total investment portfolio at the time that he learned about bitcoin.

Maybe this guys sticks with largely the same income and expenses, and when he comes to bitcoin, he is planning to continue to invest $100 per week into bitcoin rather than into his traditional investments, and he figures that if he invests for 2 years with his DCA, then he might be able to get his investment into bitcoin up to about $10k, which may be right around 10% of his total investment portfolio into bitcoin, yet he was also thinking about potentially taking around 10% (about $8.5k) out of his traditional investment portfolio and putting it into bitcoin, and historically, he had been getting around $1k to $2k as a bonus 2-3 times per year, and he was considering that maybe he would invest that bonus money into bitcoin. Any of his investing of his bonus money or even his reallocating $8.5k into bitcoin would be considered means of front-loading his bitcoin investment, and there needs to be no relation that he is overdoing his bitcoin investment by front-loading it.

There are a lot of ways to potentially frontload a bitcoin investment without necessarily overdoing it.. and frequently frontloading is a preferable method to invest, even though so many newbie investors might be limited in their abilities to frontload, so the ONLY choice they have is DCA, which surely may well be the best for them under their current circumstances, yet it is not necessarily best for them to defer any lump sum amounts that they might have in their possession at the time they begin their bitcoin investment or at later points down the road.

Quote from: ZeroVinsonN on Today at 09:05:42 AM

Quote from: Barikui1 on Today at 08:37:45 AM

[edited out]

You aren't wrong, and I didn't say to sell after one cycle, I said that if a person sold after at least one cycle as long as it was their intended selling time, then they can be called investors, plus if an investor to sell after four years which is on the short side, the profit might be small but it's still profit, as is in this calculation I added to this post, investing with $100 weekly using the DCA over a period of 4 years yields around $18000 of profit, if an investor decided to sell around 30% of this profit then they will be getting around $5000 which is almost a year worth of their investment, while this isn't the best, it is also not bad profit.
Check out this DCA tool

Yes of course, historically investing over 4 years would have had been profitable at this time, yet it seems pretty short sighted to start to sell any of your bitcoin, and you describe 30% as if it is not very much of your stash, so surely you are thinking in various ways to take profits and likely going to be undermining your long term accumulatoin of bitcoin.

And, what is your purpose for taking 30% profits? You don't have confidence to keepi it in bitcoin? You want to reward yourself with some consumption good? You want to use it to buy back bitcoin at a lower price? You want to use it to invest into something? property? or some other thing that you consider "an investment?"

I think you are overly focused on getting dollars, and you likely don't sufficiently understand bitcoin, and that is why you are feeling some kind of need to take profits at what seems to be such an early time in your bitcoin accumulation timeline.

maybe you should be explaining what is your purpose to take profits after 4 years accumulating? You know that your ealiest of BTC purchases are 4 years old, but if you were investing on a weekly basis, your purchases are staggered, so not even your whole investment has been in place for a whole 4 years, only the very first purchases that you made. Your lates BTC purchases only hae 2 years or less, and some of them only have weeks or months of haiving had been invested.

Now, if you wait a whole second cycle, then everything you bought in your first cycle would have at least 4 years invested into bitcoin, and the oldest of your purchases would have 8 years invested into bitcoin.

Guys frequently make the mistake that they have 4 years invested into bitcoin when they had been DCAing the whole time, and ONLY the oldest of their BTC purchases actually have been invested a whole 4 years.. .which might only be really small portions of their BTC holdings, not 30%.. After 4 years of buying weekly, they don't even have 30% of their whole BTC holdings that have been invested for at least 4 years; however, if they lump sum invested in the beginning, then that lump sum amount might have had at least reached the minimum timeline of having 4 years invested into bitcoin.

Quote from: Tmoonz on Today at 10:43:45 AM

Quote from: Derekfunds on Today at 08:00:54 AM

Quote from: JayJuanGee on Today at 06:40:50 AM

So I hardly see any purpose to suggest to beginners to be worried about whether a correction may or may not end up happening this time around, and they likely should just be spending most of their efforts buying bitcoin regularly and persistently, at least for a whole cycle, unless if they might be able to front load their bitcoin investment.

JJG I think buying regularly and persistently using the most reliable and convenient approach is the best for any beginner in Bitcoin investment because it will help them not to run into trouble that is running out of finance and..., buying regularly will help them maintain and stay in the right track if they are determined but front loading is what a beginner should stay off from because if they don't have management skill it will result to a trouble too because if one don't have management skill, one can front load more than he or she is suppose to... That is why buying regularly using the DCA method is preferred for mostly beginners because they will have a particular amount they will be accumulating with unless there is a change in there source of income.

I believe that sir jayjuanGee was not referring to beginners with zero knowledge or experience of the market but a beginner that already has an ongoing Dcaing and maybe along the line decided to front load their investment. However, the eligibility of an investor to front load their investment only depends on their financial ability in alignment with their risk tolerance level, management skills and effective planning is one of the basic knowledge one needs in light of making an informed investment decision and not only when it comes to front loading.

Frequently, we might refer to a beginner bitcoiner or a new investor or even a new person to the forum, yet we still cannot necessarily presume the knowledge and/or experience level of the person, unless maybe we might describe some kind of a hypothetical person, yet even our hypothetical descriptions could have varying levels of experience and/or knowledge if we do not pinpoint those kinds of matters. There also could be some folks who have 5-10 years of expereince investing prior to getting into bitcoin, yet they might still have bad cashflow management skills, and there could be folks who have absolutely no investment experience, but they have good cashflow management skills and practices.

Someone could have abilities to front load based on having saved up money, or having other investments and/or even by having large discretionary income, or they could purposefully choose to front load their bitcoin investment by being more aggressive in the beginning, rather than building up their aggressiveness, and surely many of us have already suggested that stronger cashflow management skills/practices already give a person to start out his investment into bitcoin in a more aggressive way as compared with someone who has weak cashflow management practices.

Some folks might be able to invest a years worth of their income in 1-2 years, and others might take a cycle or two, and others might take more than 10 years, and frequently I have suggested that even guys who invest into bitcoin at 10% of their income, they are going to take around 10 years just to get to 1 year's of their income invested into bitcoin. Front loading can get someone into bitcoin at a higher rate faster, yet at the same time, not everyone is even capable of front loading or doing anything other than some form of DCA that might be around 10% of their income.

Quote from: SmartCharpa on Today at 11:00:20 AM

it is better to refuse to sell and continue buying high and selling higher in the future, bright days are on the way.

Even though we likely presume that we are going to be able to sell our bitcoin higher that we bought in the future, there is no reason to really get overly concerned about the conditions in which we might be selling in the future.

Even with your forum registration date, SmartCharpa, you have been here for nearly 2.5 years, and if you started accumulating bitcoin around the time of your forum registration, then you have ONLY experienced mostly upward BTC prices, and surely you would have had been better off to have had been able to buy more bitcoin in the beginning, yet there is no way of knowing, so many times beginners end up not investing as much as they should in the beginning, so it can take a bit of time before any of us starts to feel comfortable to really focus on ongoing, persistent, consistent and perhaps even aggressive bitcoin accumulation. Yet, whatever amount of our bitcoin portfolio growth can truly contribute towards our sense of what to do, and we might lose our focus in regards to our needing to just keep accumulating bitcoin since many times we ONLY have so much of an ongoing budget in which to draw upon for our ongoing BTC purchases.

Quote from: Spaceman1000$ on Today at 11:37:43 AM

Quote from: SuperBitMan on Today at 09:22:34 AM

[edited out]

Encouraging a beginner to front load his bitcoin investment from the beginning might look a bit unethical for me, the beginning stage for every investor is always the learning stage, and it always has to do with your emotions and your psychological strategy, the beginner can just see a sudden dip and he would panic beyond the normal expectations especially when he has front loaded enough, so for me I would rather advice a beginner to DCA with some level of caution and take out time to understand how the market works, so probably after 2 to 3 years of experience, he/she can then front load his investment, because at this point, he wouldn't easily give in to panic no matter how fluctuating the market price is. At least a child should learn how to creep before learning how to walk and run.

Beginners surely have to figure out the extent to which they have good cashflow management skills, and if a beginner comes to bitcoin, and he has a $30k per year income, and he is planning to buy at $100 per week, and then what if he has another $10k that he could put into bitcoin, what should he do with the $10k? Invest it into bitcoin or just DCA it over 4 years? if he DCAs over 4 years, then that would add about $50 per week to his already planned DCA, since his already planned DCA would result in right around $25k invested into bitcoin over 4 years.

Of course, if the guy has emergency funds and other reserve funds already in place, then he has more liberty to use the $10k right away to buy bitcoin, and if he does not have those various back up funds, then he might have to make sure that he has those in place at least at an equal size to the size of his bitcoin investment. Frequently, I suggest that any lump sum amount that is available to a guy for investing into bitcoin should be considered in terms of 1) DCA, 2) lump sum and 3) buying on dips. And, yeah if there are not enough back up funds in place then the size of those back up funds would need to be considered too. In our case of a guy who has a $30k income, then his emergency funds should be a minimum of 3 months expenses, perhaps in the ballpark of $7,500 ($2,500 x 3)... yet I frequently suggest that the emergency funds can be grown at the same rate as the bitcoin investment so this particular guy (if he does not have any emergency fund) could put $5k into his emergency funds and invest $5k into bitcoin, and then with his $100 per week, he might need to start out by investing $50 into bitcoin and $50 into his emergency funds, until his emergency funds gets to at least $7,500, and then after his emergency fund is sufficiently established, he can put the whole $100 per week into bitcoin.

Quote from: ejikeme24 on Today at 12:15:11 PM

Quote from: JayJuanGee on April 16, 2025, 11:15:32 PM

For those who are still accumulating bitcoin, if they sell some of their bitcoin in order to buy back cheaper, they run the risk of not being able to buy back cheaper, so they just end up spinning their wheels or maybe just getting stuck in a waiting pattern rather than ongoingly buying, so the lose their focus and ultimately have high chances of ending up with less bitcoin than what they could have had if they had stayed focused.

Any investor who have not gotten to the stage of overaccumulation should not think of selling his bitcoin not even 3% of his holdings, any investor that choose to go with the formula of selling some of his bitcoin maybe when the price of bitcoin double, when you don't have enough bitcoin in your portfolio, definitely this is going to make the accumulating process very slow because at this point you will be thinking of buying and at same time selling when the price doubled, When we are to concentrate only in accumulating bitcoin so as to enable us reach the status of overaccumulation earlier.

and Of course those investors who always choose to sell some of their bitcoin in other to buy back cheaper always lose thier focus along the line, that's because the market is no longer going as they expected, this is why anyone who have not accumulated more than enough bitcoin shouldn't involve himself into buying and selling. We should only stick to ongoingly buying of bitcoin, when we finally reach the status of overaccumulation then we can think of selling our bitcoin.

If we know what is "best practices," then each of us always has an ability to override best practices, yet we should appreciate that if we override best practices and we do something different, then we should attempt to account for such risks.

Quote from: Spaceman1000$ on Today at 01:03:00 PM

Quote from: BitBakerr1 on Today at 12:10:40 PM

[edited out]

Although you have a point but then, your financial strength as a beginner should be used to maintain your DCA strategy, you don't begin to front load from the beginning of your investment when you have not understood the volatility of the market, as times goes on and as your level of understand expands, you can as well increase your DCA amount.

If you are to advise a millionaire in your locality about investing in Bitcoin and he agrees, would you advise him to front load his investment from the beginning because his a millionaire? Of course I believe your answer will be No, rather you will advise him to start investing strategically with the DCA method with a certain amount to build his portfolio, then he can gradually increase it over time, by then his experience too would have dipping.

If we have a person who has a $million investment portfolio, and he is brand new to bitcoin, we may well suggest that the millionaire consider the amount that he wants to invest into bitcoin. Is it 10% of his investment portfolio or other amount? Surely there are tax ramifications to sell out of some assets, yet if the millionaire already has $100k in cash that he wants to invest into bitcoin, then we would likely describe the three categories of buying to him so that he might consider allocating within those three categories of 1) DCA, 2) lump sum and 3) buying on dip. I would also want to know the millionaire guy's discretionary income, and if he has if he has a discretionary income that is around $104k per year that he could put into bitcoin, then that could be accounted for too.. which could be $2k per week of DCAing that is already able to take place.

We surely would not presume that any millionaire would put all of his investment into bitcoin all at once, yet such millionaire may well want to get his investment into bitcoin up to 10% or even maybe 25% of his total investment portfolio, and he might want that to play out within 6 months or less...so even if we set the millionaire up with intentions to front-load his bitcoin investment, it still could end up taking a bit of time before he is able to reach his targeted investment amount.