I don’t fully agree with your points. The reason why people check the chart from time to time is because they want to get some information out of it whether they should wait before buying or if it's the right time to sell. So, I don't think people do it for fun.in fact, checking charts often leads to studying the Bitcoin market, and that can lead someone to become a trader. As someone checks the chart and happens to get it right a few times, they will definitely start thinking about trying to trade one day.in fact, investors are not encouraged to constantly check charts, because from there, they might start practicing trading, which could tempt them to give it a real try.

It would be better for you to give the full story when you’re passing information or seeking advice from other members. If you had given the name of the exchange, many members would likely try to visit the exchange themselves, review it, and then come back to tell you more about what they see whether it's a scam or not.But with the little information you’ve provided, it’s easy to assume it’s a scam. However, it might not be. It may simply come with some conditions meaning not everyone who buys Ethereum from them will automatically receive the 1 ETH they promise to give, as you mentioned.Because of that, I find it very hard to believe that an exchange would give out ETH just for buying ETH, especially when there’s no clear marketing reason behind it. Honestly, this story seems to be incomplete or even fabricated, based on the limited details you’ve shared with us.

For a real investor, your focus should be on how you will continue building your portfolio, not whether we are in a bear market or a bull run.Thinking too much about market phases especially bear markets can lead to the mistake of trying to time the Bitcoin market, which is a very wrong idea.when people think the market is bearish, they often expect Bitcoin to dip. This leads to setting price targets, waiting for lower prices before buying. But this kind of mindset isn't healthy for investors especially early investors.

Instead of worrying about whether we are in a bear or bull market, investors should focus on long-term goals. Constantly thinking about bear markets can discourage people from investing, even when prices drop and opportunities appear. Long-term thinking and consistency matter more than market timing.

It is the high expectations people had for Leverkusen last season that made many overlook their performance. But to me, they really tried, and their performances were not bad  they were good. It was because of the unbeaten run they had in the previous two seasons, and the fact that they won the Bundesliga, that many people were expecting even greater performances from Leverkusen.

Finishing in second place last season was actually a great achievement for them. Personally, I wasn't expecting Leverkusen to win the Bundesliga again, because I knew they didn’t have the kind of squad needed to keep dominating the league. However, many people still believed they would win it again.the truth is, even if Xabi Alonso were still at Leverkusen, I don't think their performance this season would remain as strong as it was in the last two seasons  unless they significantly strengthen their team. And I doubt Leverkusen have the kind of money needed to buy top-quality players.

I don't know why you decided to ask  most of these kinds of questions. As far as you have started learning about Bitcoin, these should be the first things you are supposed to have learned. Let's just say these are the basic knowledge of Bitcoin you are asking about. Maybe you have only learned the definition of Bitcoin. You should just calm down and learn more about Bitcoin. In fact, you can ask these kinds of questions on Google, and it will give you perfect answers.

quote author=Emikoyumi link=topic=5556187.msg65716684#msg65716684 date=1755763798]
If I buy Bitcoin, will it be more profitable to hold it for a long
  time or for a short time?
[/quote]
You can only be profitable from Bitcoin if you hold it for a long period of time, at least 4 to 10 years. Within this 4 to 10-year period, you can experience one or two cycles of Bitcoin because Bitcoin halving always happens every four years. After each halving, we usually experience a bull run, a period when Bitcoin’s price pumps.if you want to profit from Bitcoin, you need to hold it for the long term. Short-term holding is more like trading, and trading involves high risk. Therefore, proper learning is necessary before someone can start trading and profit from it. As a newbie, you are not advised to start trading at an early stage.

[/quote]
As a beginner, what should I do here? Should I slowly start
  learning from here or should I try to invest along with learning?
[/quote]
 As far as you have basic knowledge of Bitcoin, you can start investing gradually, as you have said, by making use of the DCA method like buying Bitcoin weekly or monthly, depending on your income or the amount of money you set for buying Bitcoin.With this DCA method, you will be able to get Bitcoin at different prices instead of buying it all at once.My advice for you is to only invest money that you can afford to lose. Also, try to have emergency funds in case any problem comes up in the near future, so you will not have to tamper with your Bitcoin investment.

The main reason why many people are always willing to sell their Bitcoin when the price is rising or falling but are willing to hold it long term is all because of confidence. We don't have full confidence in Bitcoin that much. If not, we would see some people treat Bitcoin the way they treat other investments.for example, if someone invested in land, they would hardly sell, even when the price of the land is rising significantly. The common belief would be that the price will continue to rise. So, what I’m trying to say is this: if Bitcoin were treated like other investments, it would be much harder for people to sell their Bitcoin before the time they originally planned to.Another way to prevent someone from quickly selling their Bitcoin is to always invest only what he or she can afford to lose.

This your calculation means nothing to me. It only encourages newbies to wait so they can buy the dip, which is the wrong idea. What you're trying to say is that any price a new coiner sees for Bitcoin, they should not start investing, but rather wait for the price to come down. This is how some newbies keep delaying and never start their Bitcoin investment on time.

Waiting for a dip is just a waste of time, and I would never advise any newbie to do any silly calculations because nobody can predict Bitcoin. It is very possible that the price a new coiner sees at the time might never drop again, but instead continue increasing.So, my advice to newbies is this: whatever price they see Bitcoin at should be seen as a great opportunity to start buying. They should use the DCA (Dollar-Cost Averaging) method and not wait for further dipsbecause it may never happen.

I don't think it is a wise idea to be investing in Bitcoin and, at the same time, trading. With this method, someone can easily lose their Bitcoin investment. Once a person loses all the funds deposited in the trading account, it's very possible that they will touch their Bitcoin investment just to trade and try to recover the money they lost. Gradually, this could lead to completely emptying their Bitcoin investment.trading is never the wayit is very risky, and it's an easy way for people to lose money. So, I would say it's a bad idea to be an investor a trader at the same time. You’re likely to lose everything easily.

I agreed with your points. As long as someone can get started with basic knowledge, they will surely be motivated to learn more about Bitcoin. In fact, I view someone waiting to gain deep knowledge about Bitcoin before starting their investment as wasting opportunities because it really takes time to fully understand Bitcoin.

The thing is, Bitcoin investment is not like trading, where it's always said that one needs very deep knowledge before starting and despite that someone will still lose because it not a good way of making money from bitcoin.Bitcoin investment is easy to start, as long as someone have some basic knowledge and discretionary income.

I don't know why you went back to quote this post. There's no point in quoting Dorkylickjj many people have already quoted it, and they have given the post the perfect answers. In fact, this kind of post has been discussed many times here, so I see no point in quoting an old post again.

If it was a question you asked, it's possible that you didn't see the earlier questions and answers. That may be why you asked again. But many people have replied to this kind of post, saying there's no perfect time to buy Bitcoin. Every time is the best time to buy, because Bitcoin is unpredictable.

As for selling, there's also no perfect time. It depends on your profit target. The best time to enjoy your profits is when you've reached your goal. It's a very wrong idea for someone to sell off all their Bitcoin investment, even if it has reached an accumulation point. Selling everything makes it difficult to start again.Taking profits gradually is the best approach.

In this conversation, I want to point out that it is a wrong statement for @finebone to simply say,it is not a bad thing to buy the dip and hold, when the main point is to discourage people from waiting for a dip. Many people have missed opportunities just because they were targeting a dip that never happened as Bitcoin’s price did not drop to their target price, and as a result, they missed out.

This thread is encouraging people, especially newbies, to see every Bitcoin price dip as an opportunity to start their Bitcoin investment journey, because there is no guarantee that the dip will happen as planed. So, the way @finebone put it, some newbies might misinterpret the statement or get confused.it also sounds like @finebone is implying that what others are saying it’s bad to buy Bitcoin at a low price but that’s not the point. The real message is, Don’t wait for a dip it’s just a waste of time. Seize every Bitcoin price point as an opportunity to start buying.

The meaning of discretionary imcome and discretionary funds seem to be same  Bitcoin investment especially in this kind of discussion but normal the meaning look little different.for my understanding discretionary imcome is the money left after paying all our neccesary expenses such like taxes,food,transportants,rent and so on.like let just said after someone is recieving $500 every week or month maybe is what is essential needs amount will cover all is $300 the remaining $200 is what they call discretionary imcome but for the discretionary funds meaning  is the amount someone set aside from the discretionary imcome like the remaining $200 someone set aside $150 for bitcoin more than that  or $50 for flexing.so it is just amount someone set aside he or she want use for something that is non essential do someoen just want to do it.

I understand that emergency funds are very important in Bitcoin investment, but that should not shift our focus away from starting well with our Bitcoin investment. We should give our Bitcoin investment more power than our emergency funds. So, I don't think it's a good idea when we have $100 left over after our basic needs are solved, to just invest $20 and put the remaining $80 into emergency funds. I think we should first start our Bitcoin investment with $60 or $70 and put like $30 or $40 into emergency funds. For me, it makes more sense to focus on building our Bitcoin investment first, rather than focusing solely on building emergency funds. If someone can't invest more of their discretionary funds into Bitcoin, then they should split it 50% each for emergency funds and Bitcoin investment. But I am not in support of investing very little in Bitcoin and pushing more funds into emergency savings.

Of course, any cryptocurrency that is not Bitcoin is called an alternative coin, and either memecoin or shitcoin, they are all classified as alternative coins, which is shortened as altcoin. But the truth is that some people are just deceiving themselves, trying to differentiate and call some altcoins shitcoins or memecoins, but the truth is that there are no differences as far as it’s not Bitcoin. The painful thing is that some people believe and are deceived by the differences some people try to put on alternative coins. But even they are trying to differentiate them the same way. Even FTX coin, which was considered a good alternative coin back then, why is the coin now? So, any coin apart from Bitcoin, I don't think it's worth investing in, at least for me.

Anyone trying to predict the Bitcoin price and keep waiting for the price to drop to it level of prediction is like a gambler and truth about gamblers is that they always fail and they are always dependent on luck, so there is no assurance that what they predict about Bitcoin will happen. If that is the case, why are they wasting time trying to time the Bitcoin price before they enter to buy? It is very clear that this is a wrong idea. So, it’s better to stop deceiving themselves by waiting for a dip when there is DCA, a strategy for accumulating Bitcoin. With this strategy, someone has the opportunity to buy Bitcoin at different prices, whether they buy weekly or monthly. Those who are always chasing the dip often end up with regret because, while they are waiting for a dip, it’s possible that the Bitcoin price will continue rising.

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.

The best way to make reasonable profit from Bitcoin investment is through holding and always being ready to hold for the long term. The truth about timing the market is that no one can reliably predict the Bitcoin market. What someone can do, if they are afraid not to buy during a long period of time, is to make use of the DCA (Dollar-Cost Averaging) method. With DCA, someone buys regularly, either weekly or monthly. This method can help someone accumulate Bitcoin at different price levels, regardless of the market's fluctuations.

Patience plays a very important role in Bitcoin investment. If someone is not patient enough, they will hardly make the profits they are looking for from their Bitcoin investment. Many people we see are complaining that they sold their Bitcoin at a loss, all because of their lack of patience. I have a friend who purchased Bitcoin during the last bull run when the price was around $55k. But with time, things turned around, and we experienced a bear market. The price of Bitcoin just kept going down. He decided to sell, but I asked him to hold on until the next bull run. He refused, and that's how he sold his Bitcoin at lost. As Bitcoin’s price started increasing last year after he sold, he started blaming himself for doing so, even though he sold at a loss. If he had been patient enough, by now he would have been in profit.

Those who are interested in investing in Bitcoin will surely buy, and they will not see it as a hard thing to do. The major reason why some set of newbies find it so hard to buy Bitcoin is because they don't have the proper knowledge of Bitcoin, so they don't know how Bitcoin works. If any newbie wants to invest in Bitcoin, their focus should just be on the long term, and with that, they can choose to use the DCA method, which will make them buy Bitcoin at different price levels by buying weekly or monthly.

I don't think it's possible for Ten Hag to do better than Alonso at Bayern Leverkusen, based on Ten Hag's recent poor record at Manchester United. There are certain things Alonso has done for Leverkusen that will be very hard for Ten Hag to break. One record Ten Hag can't come close to is winning the Bundesliga unbeaten. I don't think Ten Hag could do that in the Bundesliga. I won’t say anything bad about Ten Hag because he has had a good record at Ajax, but I did not totally see him as a poor manager. Even if Ten Hag were to do better at Leverkusen, he would have to reset the team, because currently, I am not satisfied that Ten Hag could do better with Leverkusen's current squad. But let's wait and see what happens when the season get started.

I know that someone need to get prepare before it can start any investment by asking him or her some certain question, but there are some question that is not that necessary for someone to ask him or her before they can start their bitcoin investment. So, I feel the make question should be: do you have stable sources of income, and did you have knowledge about bitcoin? And they did always have discretionary funds, because there some people that even have stable sources of income, but they don't always have discretionary funds always. But as far someone always have discretionary funds, it can start bitcoin investment. Bitcoin investment is not really hard, as far someone is getting money that, after providing the necessary need, it always have some money available.