Quote from: Moreno233 on Today at 01:18:28 PM

Quote from: Cgrexp on Today at 06:02:30 AM

Quote from: Cipherpz on Today at 05:00:59 AM

Any decision should not be made solely based on price because the market always reacts in the same way. You should consider the market context, trends, and your investment goals. If you have a long-term plan and the main goal is to hold, then taking advantage of the price drop as it is now can be a great part of your DCA strategy. If you trade in a hurry hoping for profit, it can also be dangerous.

It can be dangerous to expect too much that the price will reach 123,000 because no one knows for sure the future of Bitcoin. The price can go up or down and vice versa. Of course, decisions should not be made based on price. DCA strategy should be considered, risk and investment goals should be considered. .

The price of Bitcoin already crossed $123,000 even though there is a minor correction happening at the moment, the market will likely continue in the upward direction because there is room there and many things still support the bull run. If you are building for the long term, you may not even be interested in what the price is now instead your interest will be how to fulfil your weekly or monthly DCA purchase objective and not where the market will be in terms of price and where it will not be.

Quote from: Cgrexp on Today at 06:02:30 AM

In addition, I would say that it is better to pay attention to market sentiment, on-chain data and major economic trends in Bitcoin investment

If you stay glued to these things which are also available in the mainstream media, you will never invest in Bitcoin because you will be filled with fear and uncertainty. If you want to invest in Bitcoin, don't look at the price neither should you try to wait for the market to start dropping or drop in price before you buy because the longer you wait, the more you because afraid and discouraged to invest in Bitcoin.

Quote from: ejikeme24 on Today at 06:23:05 PM

Quote from: Jostern on Today at 11:45:23 AM

Quote from: ejikeme24 on July 16, 2025, 11:49:16 PM

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Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

If this is how you spend your discretionary after making your weekly or monthly investment you have every right to put the whole of your discretionary fund in your bitcoin investment, but I want you to know that some investors knows how to manage thier discretionary fund very well after making thier weekly/ monthly routine buying of bitcoin. They won't spend on luxury or something that can't bring any profit to them, even if they're going to use the left over in other stuffs just as you mentioned, they will have to invest into other business/investment before they will be attempting to use the left over to do whatever.

Quote from: Jostern on Today at 11:45:23 AM

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Sure I'm not disputing on the fact that investor can decide to put his whole discretionary fund into his bitcoin investment, that's if your intention is just to stick to bitcoin investment without looking into other business/investment for the rest of your life, this way you will never be affected. But once you start making attempt to diversify into other investment/business you May undergo some stress, but remember the rules that we should not overdo.

"You’re definitely right , The key is being intentional once your basic needs, emergency fund, and responsibility are sorted, how you use your discretionary income becomes a matter of discipline long -term vision, Investing all of it into bitcoin isn’t reckless if you’ve built a safety net and truly believe in the asset’s long-term value. The real issue is when people skip the foundational steps and dive in headfirst. Balance is key but so is knowing your goals and stage in life. Respect for choosing growth over wasteful habits that mindset pays off in the long run.