Re: Buy Buy Buy or Sell Sell Sell?

Everyone has their own preferences when it comes to investing. So, it does not mean that you are investing because you have good cash flow, but you are not buying regularly or continuously to increase your portfolio. This statement may be a misconception for you in terms of investment. You do not have complete faith in Bitcoin. If you had faith in Bitcoin, then you would have continued buying continuously. In this way, you are only moving away from your target level. In terms of investment, everyone has the right to make their own decisions, but decisions should be taken after analyzing what is right and what is wrong.

. They don't invest for example in Bitcoin, to die with bitcoin while their life is lack of things that can make their life comfortable and high quality.

I know that everyone is entitled to his or her own opinion or has their own ways of doing things but you need to understand that once you start investing in Bitcoin and the investment method you use in accumulating it makes you not to live well, just know that you aren't doing it the right way.
Investment in Bitcoin should be done in an orderly manner where you buy weekly or monthly from your discretional income once it's available without it having any significant impact or implications of your ability in financing your basic needs and want properly, once your investment method makes you not to be able to live a proper life, just know that it's either you are investing through the wrong method for your income or your income is not enough to take care of yourself and your basic needs talkless of investing.
Once you are finding it difficult to live a good life when investing in Bitcoin, you will find it very difficult to invest with consistency on the longer run because you are doing it the wrong way, and because of that, you might even pause your accumulation or even decide to sell it prematurely because your moves are not well planned.

At this point I think the best advice to give anyone to use any bitcoin strategy that MUST not interfere with your normal daily life. Starving in order to invest in bitcoin is a wrong idea and/or not attending to your daily responsibilities because you are investing in bitcoin is also wrong. The moment you start investing without taking care of yourself, you would be forced sooner or later to sell off your bitcoin possibly at a loss when life finally fights back.

If anyone cares for a normal life, and also wish to invest in bitcoin with less stress, DCA strategy is the best bet especially when you have a stable/ regular income which you can plan with. As a regular worker who earns a basic salary weekly or monthly with some possible intermittent little interests or money which is not part of your basic pay. It is best to only plan your DCA with your basic pay, any other unexpected funds could also be channeled into your emergency funds (In addition to your regular emergency funds) or buying a lump-sum.

For you to Hodl your bitcoin for a long time, you must have made provisions for life first.

Investing in Bitcoin and suffering or starving in real life is not a good investment strategy because you might be forced to make the wrong decisions and pull out your investment at the wrong time because of starvation, I think anyone that isn't earning money weekly or monthly shouldn't be investing in Bitcoin, using the DCA strategy is only worth it if you are earning money outside Bitcoin like a stable income, investing in Bitcoin and living your normal life are two different things that shouldn't interfere with each other. It is crucial to create a balance between investing and taking care of yourself if you really want to make good profits from your investments.

I understand what you mean because without your discretionary income investing into bitcoin and starving yourself means you have the wrong mindset and misconception on how bitcoin should be invested into for a long time.

However, it's not a must for you to be a weekly or a monthly income earner before you can invest in bitcoin. The most important thing is that you should have your discretionary income and you are good to go. The reason why I said this is because, there are some people who are contractors. They can have a contract that the profits can take care of them throughout a year. Such people can sort out the financial responsibility and take out money to invest in bitcoin from their discretionary income using DCA and spread it in several weeks overtime.

What matters is that you should be investing regularly with consistency and persistency and at the same time look for various means of income to improve your financial strength. Anyone that is starving shouldn't invest him bitcoin but look for a second means of income to take care of his monthly needs and also invest in bitcoin at the same time.