Quote from: Miramax12 on Today at 08:39:37 PM

Quote from: Miles2006 on Today at 04:21:58 PM

Quote from: Cold_Joker on Today at 07:51:27 AM

What of in rough times, I had a family friend who battled illness I had to be there for her and I used my little Bitcoin saved. I am not crying over it because I can still continue to save more the little way I do. I don't think about big profit now but continuity.

-CJay

Your ability to hold bitcoin for a long period of time matters a lot and mere looking at bitcoin investment as an alternative where you get your problems solved can be complicated at same time for a newbie you might find it difficult growing your portfolio. Consistency is important but consistency without planning can easily fail everything, you gave a reason which I think an emergency funds could help if only you saved much more emergency funds secondly your reserve funds also can fall in place to handle such kind of situation instead of selling your holdings. Reasons why you should not sell out your bitcoin when you’ve not gotten your desired target basically buying again to pursue previous level is difficult for example bitcoin price fluctuate and imagine you sold everything definitely building back your portfolio will be so difficult compared to previous portfolio.

Quote from: Humblevirus on Today at 03:40:40 PM

Timing the market is just a waste of time, and that is the reason why some people have not yet started their Bitcoin investment. They will hardly be satisfied with every Bitcoin price is at that hime because they always want more dip. Even if they are lucky and Bitcoin falls to their target price, they will still set another target price for buying again. This is how some will continue, giving excuse upon excuse just to see more dip. But if I had to say something, I would say that these people are never ready for long-term holding of Bitcoin. They are rather looking for quick profits in Bitcoin, but I will say it hardly works that way.

Timing bitcoin market are mostly done by traders, they spend more time studying when to buy and sell looking for quick profit by selling their bitcoin in loss. Investors who watch bitcoin market waiting for the dip sounds like a waste of time because they’re missing out by holding fiat whereby value depreciate, it’s better they buy the dip now else they might never see the previous dip although even if previous dip price range will come they’ve already wasted their time.

You are actually right, the capacity of holding Bitcoin firmly for long duration of time. Bitcoin invertors are rightly where you get your issues solved and can be difficult at same time for a new beginners you can just find it complicated growing your portfolio, Consistency is very important but focusing without planning can some time damage everything you just work for, the ideas which I think an emergency funds can strengthen if only you so much focus only on more emergency funds, Like you said your reserve funds also can fall in place to handle such kind of situation. instigating of selling your holdings, is the Reasons why you shouldn't discard out your Bitcoin when you have not got all your desire objective honestly purchasing again to pursue previous profit is very much harder, for instance Bitcoin price goes up and down, in raising your portfolio we be so complicated than your recent portfolio.

And it takes a lot for people to hold because when you are holding because you have to be consistent when you are holding. After all, it comes with the fact that you have to know the exact amount you want to invest. After all, when you don't do DCA, then it becomes more and more difficult when you start investing because people think even the DCA is easy, but it is not as easy as people think because it has to do with funds and with when it comes to using your money to invest. After all, the economy is becoming harder. So a decision was made, and then it made it easier because you already know what you want and how you want it. After all, you don't have to wait to buy the dip. And that is old school, when you have money, the best thing for you to invest anytime is through DCA.