Quote from: ejikeme24 on June 26, 2025, 10:30:30 PM

Quote from: bestcandy on June 26, 2025, 05:53:36 AM

Quote from: Jostern on June 25, 2025, 12:38:20 PM

Quote from: HOPE25 on June 25, 2025, 12:11:28 PM

When the price of an asset suddenly drops, you
DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.

You see we start investing in Bitcoin with different time, many of us have been investing in a long time and while some of us just starting recently, so there are people who have been holding for long and there are people who are still on there accumulation stages, you must know that we all have our different financial plans and financial budgets and that is how we would have different strategies which ever strategies that you know that can help you to invest more and accumulate more then you’ve to adopt that strategy so you can have a sustainable portfolio, at some point some of us here are still learning and while some of us understands what is happening here.
While we are still learning for those of us who are still new here and are still on learning and our accumulation process it is very possible that we would make mistakes, but those mistakes shouldn’t affect our plans of continuous accumulation, that is where we have to make the right decisions to build a successful portfolio, because we have to try and learn from our mistakes and then we can start thinking of a better strategy to help us to keep accumulating our bitcoin assets. The most effective strategy is try to figure out which strategy that best suits us to continue accumulating e.g having an emergency funds and backup funds and all that which can help us to improve in our bitcoin sustainability strategies.

if there is adequate financial and investment plan and consistency, with time one can still accumulate reasonable volume of Bitcoin especially when you get the right information, know the right time to invest and the most efficient strategies that is in respect to your financial status.

When do you think is the right time to invest in Bitcoin? Today or tomorrow? i think the right time to invest is when you have your discretionary fund available, once you have your discretionary fund available, you can start accumulating, and as you do, you can start building your emergency fund. Instead of trying to determine when and where to start, the DCA method makes investing easier for everyone.

However, I agree with you that strategies are based on each person's financial situation. Just as most people talk about buying aggressively as if without buying aggressively a guy will not achieve his investment goal. with this, most people can start buying aggressively when their discretionary income isn't enough to be engaging themselves into aggressive buying of bitcoin, which may likely affect their accumulation process. That's why I will only Stick to DCA method, as I'm confident about achieving my investment goal, is just a matter of time.

Well I must say you said a whole lot of things that makes sense, You question is quite simple and I believe you've answered it from your references, for someone who wants to invest in Bitcoin it is more ideal to start when you have a discretionary funds, that is when you should not hesitate to do so as well, Sometimes it's funny to me when people say you require a stable source of income to invest in Bitcoin, but you really don't need a stable source of income but a discretionary funds to invest, because at some point you have a stable source of income but you don't have a discretionary income how do you invest. But there are investors who do not have a stable source of income but when there income come they have a discretionary funds and they can invest.
Perhaps we need a good financial management and financial plans and budget, so we can try to have a discretionary income, it might probably be that we have the money to start the investment but because of extra activities that tends to hinders us from having a discretionary funds to invest and keep accumulating that is why sometimes in most cases it makes sense to adjust our lifestyle and have a good financial management plans.