Re: Buy Buy Buy or Sell Sell Sell?

I don't think investing in bitcoin needs to be that complicated. Because in essence we only need to have discretionary funds and we can immediately invest in bitcoin. So in my opinion a bitcoin investor does not need to monitor the market all the time, because for an investor of course it is a waste of time. Because you need to know, an investor in bitcoin, will not care too much about the price fluctuations that occur in bitcoin. Because basically price fluctuations will only be a threat to a trader. Because they struggle with price fluctuations, so traders will definitely continue to monitor the market, because they are afraid of being exposed to liquditas. So the point is if you assume that a bitcoin investor must always look at the market, I think that's an incorrect assumption. And you also need to understand, long-term investors in bitcoin do not care about the current bitcoin price, because their goal is in the future.

As difficult as people see Bitcoin, it is actually not that difficult, if you can fully prepare your mindset to hold Bitcoin for the long term, then it will definitely bring you great success in the long term. You never need a large amount of money to start investing in Bitcoin, your income is not an issue, and if you have decided to hold it for the long term, then you do not need to worry about the market, if you are completely confident about the market price and continue to buy consistently, then it will definitely bring success in the future. In the case of Bitcoin investment, you need to have patience and long-term faith in Bitcoin, when you can have strong faith in the future of Bitcoin and hold it for the long term, then your chances of success are much higher.

Having faith in Bitcoin is important for you to get started but you must back your faith with action because "faith without work is dead". The type of action you need to implement starts from planning your finances so that you will be able to separate your discretionary income from your basic needs and ensure you invest the right way. In life nothing beats planning and the moment I started planning my finances very well to make room for investing in Bitcoin, I have become more conservative in spending and that has translated to me holding a decent of my fund in Bitcoin. So, faith in Bitcoin is important but nothing beats planning because it is through planning you will be able to hold your purchased Bitcoin.

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

And anyone that have the intention to buy it is not hard to know because from the way everything is, when you don't have a means of making money, then it just becomes hard for people to invest even with their income, they feel they don't have enough money to spare to invest and everything always depends on the person of interest because it is their money, their choice; they they are the one to decide if they will buy or not and form the experience they are sharing people are picking if they want to invest or not but all they need is the funds once the funds are available then investing becomes more easy the only thing that is going to be difficult for people is not going to be other than the knowledge because they are the two most important things.