Quote from: Stable090 on May 25, 2025, 07:36:48 PM

Quote from: Stormisover on May 25, 2025, 12:43:15 PM

There is no guarantee that you are going to be in profits with your investment even if you invest for 4 to 10 years or more and secondly you also need to understand that past performance is not a guarantee for the future performance but a guide and that doesn't mean we shouldn't put good efforts and good investment practices by buying and holding without selling too soon.

Have you seen anyone that invested in bitcoin 10 years ago and is currently at loss? Am confident that if you can hold bitcoin for 10 years, you will be in good profit. Do you think bitcoin will be at the current price which it is in the next 4-10 years? I don’t really think so, if you can take your time and check bitcoin price history, then you will know that bitcoin is really growing, and am sure in the next 10 years bitcoin price is really going to be massive.

Bitcoin is still not guaranteed to be profitable in 4-10 years or more, even if it was profitable in the past 10 years.

Quote from: Stable090 on May 25, 2025, 07:36:48 PM

Lots of people still don’t know about bitcoin yet, bitcoin awareness is still growing gradually, and even government are beginning to have change of mind about bitcoin, they are beginning to adopt bitcoin. With the way things are going currently, I will definitely use previous performance to predict how the future performance will be.

Surely all of us can see that governments, financial institutions, regular institutions (such as companies), and even a lot of status quo rich individuals are warming up to bitcoin so bitcoin's network effects (in the framework of Trace Mayer) (and adoption) continues to grow at quite amazing rates. Sure there are some governments, institutions and individuals still fighting bitcoin and/or spreading negative and/or inaccurate information about bitcoin, yet you are correct, it is amazing how so many of them are coming around and warming up to bitcoin. Those current bitcoin dynamics does not cause bitcoin to be guaranteed as an investment.

By the way, we also likely realize that world-wide adoption of bitcoin is likely less than 1%, so there is a lot of the population that does not own any bitcoin...and even those who own some bitcoin, they may well be quite greatly underinvested, as compared to some entities and individuals engaged in bitcoin hoarding plans and practices.

Quote from: henry_of_skalitz on May 26, 2025, 12:40:25 PM

Quote from: ejikeme24 on May 26, 2025, 12:24:12 PM

Quote from: Fuso.hp on May 26, 2025, 02:18:21 AM

However, when the market goes to a better level from that level and when they miss the investment opportunity at that level, they start thinking of themselves as fools and they start waiting for the market to return to its previous position again, but if the market does not return to its previous position, they do not buy Bitcoin at the current position either. This shows that such investors can never actually invest.

This is the reason why anyone who is interested to go into bitcoin investment shouldn't be engaging himself into monitoring the market or even trying to control the market because those guys that started accumulating bitcoin using this method May likely have few or no bitcoin in thier portfolio as a result of procrastinating and they will be missing out alot of opportunities during this process, is just like what happened some months ago when the price skyrocket to $108k and later fall back to $78k those guys that meet the Market in such situation was hoping that the market will fall even more which is why they didn't see that as an advantage, considering the current Market condition did you think this set of people will still have that strong determination they had before.........when they're supposed to start accumulating bitcoin as soon as possible without paying attention to the market condition.

There is no perfect entry and perfect way out of the position you got in, with leverage or not - with BTC, it doesn't really matter, what matters is the target you've set and whether it was achieved or not. Time does all the rest Cool

I agree that there is no perfect entry, which justifies that any no coiner should get started as soon as possible, and also that a low coiner should continue buying bitcoin until he has enough or more than enough.. yet at the same time, guys can come to differing determinations in regards to how much is enough or more than enough and/or the extent to which he might consider changing his accumulation strategies.

Another thing is that even once a guy gets started, he still need to make sure that he is investing within his discretionary income and also determine how aggressive that he would like to be in his bitcoin accumulation, since it can take a long time to build an investment portfolio, whether we are just referring to bitcoin and cash or if they guy might, at some point, end up including other investment (other than bitcoin and cash) in his investment portfolio.

In other words, I doubt that figuring out some DCA level and just sitting back takes care of everything, especially when it comes to bitcoin, and so there likely is some value to learning along the way in case that you might not really know about bitcoin at the time of starting to invest into it.

Quote from: Sticky Bomb on May 26, 2025, 04:14:56 PM

Quote from: Tonimez on May 25, 2025, 10:12:39 AM

[edited out]

The prices would not always be at the top like this, you see these consistent high prices because we are in bull run, after bull run comes the bear season and there is always a massive dump in the bitcoin price and then with your continued consistency, you can keep accumulating much more quantities with the same amounts across the bear cycles. It is not a must for you to reach overaccumulation status within 4 years, remember that over accumulation is surpassing your target within your holding period. If you want to buy with larger amounts, then I suggest you work around your finances to get more discretionary income available to be able to maintain it, rather than strangling yourself in order to reach over accumulation stage faster than you can sustain.

If you have plans to hold for 10 years for example, why would you become over aggressive in order to reach your over accumulation status within the first 4 years? It's dumb of course, bearing in mind that we only have to as aggressive as we can without overdoing it.

In the example above, you still have 6 more years to keep buying consistently and that is a lot of time to reach whatever target you've for yourself. I suggest you continue buying consistently as much as you can sustain . Afterall, you have the liberty to keep accumulating bitcoin until your holding period elapses.

I don't see any problem that guys try to be as aggressive as they are able to be in regards to trying to reach overaccumulation status sooner rather than later, yet there still be ONLY so much that is prudent to rush the bitcoin investment, and frequently, we have to be careful that we are not overdoing it, yet we can still strive to accumulate our bitcoin sooner rather than later, and maybe even we strive to invest around 25% of our income into bitcoin rather than 10% to 15%, and sure, we might be o.k. with either strategy, but investing into bitcoin at a higher level is placing a higher priority on the bitcoin, and perhaps seeing areas in which we are ready, willing and able to defer our consumption for some unknown future date... and yeah, we cannot even be certain that our efforts to increase our accumulation is going to end up in positive results. Each of us use our judgement and make our decisions about our level of aggressiveness in our bitcoin investment approach.

Quote from: Bluedrem on May 26, 2025, 05:43:40 PM

Quote from: JayJuanGee on May 24, 2025, 04:15:27 PM

You are sounding pathetic. To the extent that you are being honest in your disclosures, you are admitting that you fucked up several times already, and you made the same mistake in 2020 and in 2022/2023, and you seem to be inclined to want to make the same mistake today, since you seem to fail/refuse to recognize that for anyone who is a low coiner or a no coiner, there is a need to buy bitcoin and to continue to buy bitcoin in order to be adequately and/or sufficiently prepared for UP. You are not prepared for UP if you have no bitcoin, and you are inadequately prepared for up if you don't yet have enough bitcoin,

so the best time to buy bitcoin was yesterday, yet the second best time to buy bitcoin is today. You cannot go back to yesterday, so you better start buying bitcoin today.

You seem to be caught in the ongoing dilemma of saying that you are considering buying bitcoin tomorrow, yet like Alice in Wonderland, tomorrow never comes.^**

**“The rule is, jam tomorrow and jam yesterday—but never jam today.” “It must come sometimes to 'jam today,' ” Alice objected. “No, it can't,” said the queen. “It's jam every other day: today isn't any other day, you know.” Lapham's Quarterly

There is a saying in our country, "Where did you learn? Where did you learn? Where did you learn?
I have made a mistake more than once. I don't want to make a mistake again.

I now know a lot about Bitcoin. Now I have complete confidence in Bitcoin. Now I am 100% sure about Bitcoin that it will be the only strategic storage of wealth in the future.
I have compared Bitcoin with gold and other things.
From there, I learned that if I save Bitcoin rather than gold or other things, it will be most useful in my old age and it will provide me with the most profit.

You are sounding like someone who is stubborn, who likes to talk in absolutes and who contradicts himself, especially since in your earlier posts you were talking about not buying bitcoin, but trying to strategize your entrance into bitcoin, as if that makes any sense? especially for a newbie investor into bitcoin to the extent that you are investing into bitcoin rather than caught up upon trading ideas, and bitcoin takes a while to build up a portfolio and figure out both bitcoin, but also our bitcoin investment approach and cashflow management can take time to bring to a comfortable place while hopefully attempting to tailor our investment into bitcoin and our cashflow management within our 9 individual factors.

It takes a while to both learn about bitcoin and to practice good cashflow management, and likely actions speak louder than words in terms of the level to which any of us might take bitcoin seriously and follow through with a long term plan to accumulate it and to act upon our plans.

[/quote]

Quote from: Bluedrem on May 26, 2025, 05:43:40 PM

Quote from: Bluedrem on May 26, 2025, 05:43:40 PM

From Michael Saylor's Twitter post, I saw that the Las Vagas Bitcoin Conference is being held next week, I hope we will get more big news about Bitcoin from there.

Source: Michael Saylor

If you are new to bitcoin, I am not sure how much you should give any shits about Saylor. Sure Saylor has a lot of good ideas that can help to motivate folks in regards to bitcoin's investment case, yet he is likely driving BTC prices up, which likely should tell any of us, especially guys still accumulating bitcoin that it is better to try to accumulate bitcoin early and accumulate bitcoin as aggressively as possible without over doing it. .and without recking ourselves by investing beyond our means and/or beyond our discretionary income.

Quote from: Umulala-alala on May 26, 2025, 07:20:08 PM

Quote from: Sticky Bomb on May 26, 2025, 05:47:17 PM

Quote from: Umulala-alala on May 26, 2025, 05:30:55 PM

Quote from: POPOLUV on May 26, 2025, 03:50:17 PM

I agree with you, but there are things you should understand that there are sets of people that it will take time to understand a particular thing while their sets of peoples that it will just take some minutes to understand so one thing about life is that people's will still continue to talk about emergency fund almost every day for those that have not catch the point of building up emergency fund to see its important because as days is passing by that is how we seeing newbies joining these thread, so as much they are seeing it can be analyze and how important emergency fund are to any investors or any beginners, for any investors to able able to archive long term investment that will last from 4-10years, a newbies should make sure that he accumulate both emergency fund too.

Bitcoin investment shouldn't be what will take people much time to understand a day learning should be able this basic knowledge of bitcoin and start buying bitcoin if he has his discretionary Income, investing with the dca will be best as a new investor so that gradually you can be buying bitcoin with your little Discretionary Income every weeks or months and also plan on how to get your emergency income incase what will won't be expecting occur we can easily solved it without thinking of selling our bitcoin and also know when to buy bitcoin aggressively without it affecting so you can also increase your Bitcoin portfolio and hodl for a very long time, bitcoin will be understood more better when an investor decides to get started by buying bitcoin.

There is no specific time to buy aggressively, buying aggressively is a way of showing seriousness and commitment in your accumulation journey and the percentage of your discretionary income you delegate to buying bitcoin should be constant, unless you experience financial concerns that can make you want to reduce it for a sometime in order to contain more expenses for a period. It is also recommended that you track your deficit in your buying amounts over that period of time and show more commitment by trying to cover up for it with your future purchases when things must have gotten better.

Being aggressive is supposed to be a constant routine in your accumulation of bitcoin, although you must be very intentional with it and not in any way overdo it so that you would not introduce unnecessary financial pressures and stress upon yourself while trying to be as aggressive as you cannot sustain in your accumulation journey.

There are investors who can buy bitcoin aggressively when the price is high basic on their discretionary Income or their reserve fund while there are also some who can only buy aggressively when there is dip it all depends on Investor that why i used that sentence you bolded, so I believe every investors decides when to buy bitcoin aggressively without overly doing it.

Buying aggressive and/or figuring out how aggressive you can buy relates to the strength of your cashflow rather than fucking around trying to figure out prices, especially for newer investors. Whenever folks hold money aside for buying on dips rather than buying BTC right away with such money, then that person is being less aggressive with their choice to hold such money aside... .. and so yeah, there are degrees with anything, including that each person has to figure out his own cashflow and cashflow management practices, including that if he might calculate his discretionary income amount each week and figure within how much of his discretionary income he will be dedicating to bitcoin buying. and then whether he buys right away or holds some of that back for buying on dips.

I had mentioned previously that I would not mind some kind of a formula that any newbie creates that might relate to buying 75% to 80% of his weekly authorized bitcoin amounts every week and then saving 20% to 25% for buying dips (and we know that dips may or may not end up coming), yet even if there is money set aside for buying dips, there may also need to be some parameters that are established for how much of a dip is needed to execute additional buys and also how much of the reserves are dedicated towards buying BTC price dips at various price points.

Quote from: ejikeme24 on May 26, 2025, 10:56:27 PM

Quote from: Derekfunds on May 26, 2025, 10:20:23 PM

[edited out]

Before having a doubt about what Umulala-alala said, you should know that there are some folks who are earning more than $80k as their monthly income which is even more than half of the current value of bitcoin, meanwhile they still have other sources of getting money, take for instance if this set of people are into bitcoin investment, how did you think their discretionary fund is going to look like? So I don't doubt it if Umulala-alala said that there are some investors that buy aggressively regardless to the Market condition that's depending on how big their discretionary income is, because they know that with time it will keep compounding, I feel like this method of investing aggressively regardless to the market value is not meant for every investors But for those higher earners and also those that have a good cash flow.

Sure. Having more discretionary income provides more options, yet level of aggressiveness has to do with how much any of us might choose to invest from within our discretionary income, so assessing aggressiveness in terms of comparing rich and poor people is losing the idea and making it seem like you don't understand the how to think about levels of aggressiveness within bitcoin investing and within a person's financial means. The higher the proportion of his discretionary income that he is using to buy bitcoin, then the more aggressive he is being. It does not matter what other people are doing or might be doing or might be capable of doing, since level of aggressiveness is a measure of what a guy is choosing to do within his own means and within his own discretionary income...

and if he happens to have between $300 and $600 of discretionary income a month, then he can choose to how much to invest within the discretionary income that yeah perhaps changes each month. He might set goals for himself to buy $100 of bitcoin per week no matter what, but if some months he only has $300 of discretionary income, then he may well have to set aside some money for those months where his discretionary income might not be enough to invest $100 every week for that month, or he might need to try to be more realistic in terms of tailoring, and surely he might not even be able to spend all of his discretionary income on bitcoin, so if he chooses to ONLY spend 50% of his discretionary income on bitcoin then that is more aggressive than a guy who has the same circumstances and chooses investing only 20% of his discretionary income on bitcoin, and he is being less aggressive than the guy who choosese to invest 80% of his discretionary income on bitcoin.