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Showing 20 of 75 results by Miramax12
⭐ Merited by JayJuanGee (1)
Those who panic at the slightest drop in the market are not long-term investors, in the case of Bitcoin investment, it is necessary to maintain your portfolio with a long-term perspective, because Bitcoin is a long-term asset that only brings real success in the long term, so patience and consistency are most important in the case of short-term volatile investments like Bitcoin. Those who invest regularly in the DCA method can definitely achieve good success, because their portfolio continues to accumulate at the average price, so volatility is not a problem for them and it is important to maintain this mentality, a real investor never panics during volatility.
More precisely, those who panic are newcomers or investors new to Bitcoin. If someone has been familiar with Bitcoin for a long time, I'm sure they wouldn't panic, whether they're looking for a long-term investment or a short-term investment to make quick profits.Regardless of all that, I think those of us who want to invest long-term are actually a little happy if a price correction occurs, allowing us to buy more using the DCA method when the time comes. I think we all share this belief about the future.
It seems to me that the newer any of us are in accumulating bitcoin, then the happier we are about BTC price drops since we are not losing anything because we hardly have any bitcoin, so when the BTC price goes down by $10k we are happy that we can buy more bitcoin at lower prices (so we get more satoshis for the amount of dollars that we have. Yet, the more that we get invested into bitcoin and the more bitcoin we accumulate. .let's say that after 6 years we had the fortune of accumulating 2 bitcoin and we had been investing around $150 per week in order to be able to get to that level in the past 6 years, so then since we had accumulated a good sized bitcoin stash, we become more biased in favor of up rather than down, since even if we might have $500 that we might be saving to buy the dip, yet if the BTC price dips down from $120k to $110k, we get a drop of $20k in our net worth.. .. yet if we are able to use our $500 to buy 0.00454545. We have been able to buy more bitcoin at the $10k lower price, since at $120k, we would have had ONLY been able to buy 0.00416667 BTC, so we were able to accumulate an additional .00037878 BTC for the same $500.. so sure we feel better, to be able to accumulate some extra BTC, yet largely we would prefer the BTC price to go up rather than going down, since each time we are stacking bitcoin, we are ONLY adding a small amount to our bitcoin holdings as compared with how much we were able to 6 years earlier.
Surely, with 2 BTC, we still do not even have close to enough BTC, so we may well be torn about whether we want the BTC price to do up or to go down, yet we likely would still be stacking, especially if we might be thinking that we need $50k or more of passive income from out bitcoin before we would be ready to start to sustainably withdraw from it.. and right now, we consider that we would need to have at least 10 BTC to sustainably withdraw $50k per year from our bitcoin holdings, since right now we consider that 2 BTC ONLY allows right around $10k per year of sustainable withdrawal so we consider that we either need to hold for another 5 or 6 years or to keep stacking, which might bring our time down to 4-ish more years of stacking before we might be able to have a sustainable withdrawal of $50k per year.
By the way, with your forum registration date that is just over 8 years (or two cycles), you may well be ONLY wanting to buy dips and/or other waiting your time, since if we even take the above example of 8 years, of investing at $150 per week, as described above, you would be very close to reaching your goal of 10 BTC, yet since you ONLY would have around 8 BTC if you had been investing $150 per week for the past 8 -ish years, you would still likely be able to withdraw $50k per year in a sustainable way from 8 BTC in a year from now, whether you continue to stack or not ...and yeah, sure maybe buying on dips still has some applicability. By the way, I am not saying that you have 8 BTC or that you were able to invest at $150 per week for the past 8 years, even though it is an applicable example of a situation of a guy that could have had invested 10% of his income into bitcoin over the past 8 years would be close to being at overaccumulation status..
Which we can understand by looking at the status of Bitcoin over the last 10 years. If someone can own 10 Bitcoins by investing regularly over the next 10 years, they can live off of a minimum annual withdrawal of $50,000 without having to do any other work. This will be the best way of future security .
Your explanation is not clear. Right now, if a person has 10 BTC, then he could sustainably withdraw $50k per year forever into the future, even accounting for something like a 7% ongoing debasement of the dollar (or inflation).
If someone currently does not have any bitcoin and they are investing for the next 10 years, they likely will not need 10 bitcoin in order to have a sustainable income of $50k per year. They will likely ONLY need to have right around somewhere around 1.25 BTC, yet in order to invest for 10 years and get at least 1.25 BTC, then a person may need to invest more than $400 per week, since $100 per week is $5,200 per year, then $400 per week would be $20,800 per year, and so $208k over 10 years. it may not be enough for even 1 BTC... even though it is quite likely that 1BTC will still get you quite a lot in the future, but it might not be easy to accumulate 1 BTC for most people... and we also cannot plan specifics 10 years in the future, even though maybe we can try to figure out how many BTC we might be able to get into the future.
Accumulating 10 BTC is quite a lot more difficult for a newbie, yet it might not be as difficult if someone has already accumulated a good portion of that over the past cycle or two. We need to try to describe examples that are somewhat realistic, accounting for what we know and theorize about bitcoin.
Buying BTC when the price is falling is a must for those who are already familiar with Bitcoin because they don't want to miss out on accumulating more Bitcoin. But if they use DCA to invest in Bitcoin, they won't pay much attention to the price. They'll simply focus on buying at specific times and then holding on. They won't be swayed by temptations like selling when the price rises, because their goal is long-term. They could have sold their Bitcoin at $122,000 yesterday, but those with long-term goals won't be tempted to sell. They'll hold on until their target is reached. But some people sell some of their Bitcoin to take advantage of their long-awaited gains, and that's not wrong either. They have their own plans, and they'll certainly be different.
Yes, buying Bitcoin when the price is low does have its advantages, as we can certainly acquire more Bitcoin. However, I think the current price of Bitcoin is still quite cheap compared to what it will be in the next five years. So, buying Bitcoin now won't be a problem if we hold it for the long term, such as 10 years or more. Because if you expect the Bitcoin price to drop significantly again, like before, to tens of thousands, I don't think that will happen again in the future. Therefore, we must seize every opportunity if we want to invest in Bitcoin. Because if we wait too long for the price to drop, I think we're just wasting time and opportunities.Therefore, as you said, rather than worrying, it's better to just do DCA in Bitcoin, and I think this method is the best currently. Because by doing DCA, we certainly won't feel burdened by investing in Bitcoin. Because when we accumulate Bitcoin over a predetermined time period, it will certainly feel easier to digest. Because, it's like investing and we don't really remember it. Unlike buying all at once or in a lump sum, it's bound to leave a lasting impression on our minds, and the waiting or holding process will certainly feel longer. But if we practice DCA regularly, the holding time will feel much lighter and less burdensome.
It has the most advantage when you are able to buy at a very low price because when you buy when the price is down, then the price is already down, so there will be a difference in quantity, and when you have the opportunity to buy the dip, then that is like one of the greatest opportunities. Imagine those who bought bitcoin in 2021 and 2022. The price has seriously appreciated. and we know that the price will not continue to go up, and it will not continue to stay down, so whenever there are resources to buy, then the best thing will be for them to actually buy. When you don't buy now, the price will eventually continue to go up at a particular time. It will become very expensive, and when you have the money, it is better to buy.
Because now that the price is 118k, before you know it, give it 2 to 3 years, you will notice that the price of Bitcoin will have changed seriously, and that is why it is better to hold for a very long time. You hold to benefit from the change in price. And one of the easiest ways that you can buy is to maintain the DCA strategy, which a lot of people have keyed into because it is one of the most patronized ways that you can invest without stress, which is just for you to have a source of income.
Further more if you should invest in shitcoins it is advisable you use only 10% of your income and shitcoins are not what you can hold for a longer time like bitcoin because you might loss everything within a twickle of an eye.
That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.
Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason. Some people put themselves into situations in which they have to dip into their stash because they failed to adequately prepare... but yeah, I agree with you that there will sometimes be situations in which a person has to draw into his stash.. and perhaps the earliest times of building up the bitcoin stash and the emergency funds is the most delicate, yet at the same time, BTC price moves can sometimes contribute to mistakes being made. When we build our various back up funds and strengthen our cashflow management systems we lessen the chances for mistakes being made (such as dipping into the BTC funds), yet we likely are not able to completely remove such possibilities.. even though sometimes people do end up dipping into their funds due to their own sloppiness and mistakes that could have had been avoided.
According to your suggestion, you're implying that it's way more better to invest in Bitcoin, even if it's actually whimpily or sluggishly done, than not investing at all, and I find this to be very true and agreeable. You know, there are a lot of investors or should I say those who plan to invest, but they've not been able to make any step towards getting started, maybe because their idea of Bitcoin accumulation is being aggressive, so they can reach their long term goals master
K, and since they currently do not have the resources to invest in that pace,
I would think in the majority of cases it is not good to start out investing into bitcoin aggressively unless you already have a lot of investing experience and/or you are a fast learner when it comes to what would be a good approach to quickly getting a decently large position in bitcoin.K, and since they currently do not have the resources to invest in that pace,
Most people are better off to hold back a bit in the very beginning and put some kind of a reasonable bitcoin accumulation plan into practice, so for example, a guy with $100k investment portfolio might want to get his bitcoin allocation to 15%, which would be $15k, so maybe he decides to invest around $1k per week for the next 15 weeks (3.5 months), and then to reassess at that time. There are other ways to exercise some conservativism in the beginning and surely a lot of folks might not be sure about what is their total budget and/or their discretionary income, so a guy who pretty much knows that he could invest $100 per week without having any problems, he might purposefully decide to start out at $30 per week while he is assessing the situation and then when he becomes more comfortable, he might increase his weekly investment amounts... maybe after a few weeks of studying the matter.
Using your example, someone with that kind of income can decide on the amount to use for investment, if they will investing in weekly or monthly and if it's monthly payment, they have to make the amount higher, for it not to seems sluggishly. But it all depends on the individuals and their choices to decide how their level of investment based on their capacities.
For regular DCA, I like the idea of weekly DCA, especially for the beginner in the first few years of investing... yet the example that I gave was someone who was lump summing $15k in to bitcoin, and it was not likely coming from his regular income, and that was just an example of front loading the amount over 15 weeks if that might have been considered an acceptable timeline for someone who is wanting to get his first established stake into bitcoin over a period of 15 weeks.
That sounds good and reasonable in theory, but in reality, people’s expenses almost always either match their income or significantly exceed it. Otherwise, the entire credit system—with all its branches like mortgages, installment plans, and so on—simply wouldn’t exist. In fact, the economy functions best when the state provides an adequate credit system with low interest rates. As a result, people get used to this and don’t understand why they should deprive themselves of what they want. That’s why they can’t reach the kind of financial situation you’re describing.
Maximizing income and minimizing expenses is a technique that must be applied in managing your finances. However, considering the increasingly drastic economic decline and low incomes of each individual, it makes them increasingly difficult to manage them. This is also caused by factors such as needs and expenses that are increasing daily. It is appropriate that the existence of credit facilities that can at least be operated by each user properly is a relatively good effort to get out of this bad situation. But at least we must find the right business opportunity to run it, because this is also closely related to each person's financial management.
Buying BTC when the price is falling is a must for those who are already familiar with Bitcoin because they don't want to miss out on accumulating more Bitcoin. But if they use DCA to invest in Bitcoin, they won't pay much attention to the price. They'll simply focus on buying at specific times and then holding on. They won't be swayed by temptations like selling when the price rises, because their goal is long-term. They could have sold their Bitcoin at $122,000 yesterday, but those with long-term goals won't be tempted to sell. They'll hold on until their target is reached. But some people sell some of their Bitcoin to take advantage of their long-awaited gains, and that's not wrong either. They have their own plans, and they'll certainly be different.
Yes, buying Bitcoin when the price is low does have its advantages, as we can certainly acquire more Bitcoin. However, I think the current price of Bitcoin is still quite cheap compared to what it will be in the next five years. So, buying Bitcoin now won't be a problem if we hold it for the long term, such as 10 years or more. Because if you expect the Bitcoin price to drop significantly again, like before, to tens of thousands, I don't think that will happen again in the future. Therefore, we must seize every opportunity if we want to invest in Bitcoin. Because if we wait too long for the price to drop, I think we're just wasting time and opportunities.Therefore, as you said, rather than worrying, it's better to just do DCA in Bitcoin, and I think this method is the best currently. Because by doing DCA, we certainly won't feel burdened by investing in Bitcoin. Because when we accumulate Bitcoin over a predetermined time period, it will certainly feel easier to digest. Because, it's like investing and we don't really remember it. Unlike buying all at once or in a lump sum, it's bound to leave a lasting impression on our minds, and the waiting or holding process will certainly feel longer. But if we practice DCA regularly, the holding time will feel much lighter and less burdensome.
It has the most advantage when you are able to buy at a very low price because when you buy when the price is down, then the price is already down, so there will be a difference in quantity, and when you have the opportunity to buy the dip, then that is like one of the greatest opportunities. Imagine those who bought bitcoin in 2021 and 2022. The price has seriously appreciated. and we know that the price will not continue to go up, and it will not continue to stay down, so whenever there are resources to buy, then the best thing will be for them to actually buy. When you don't buy now, the price will eventually continue to go up at a particular time. It will become very expensive, and when you have the money, it is better to buy.
Because now that the price is 118k, before you know it, give it 2 to 3 years, you will notice that the price of Bitcoin will have changed seriously, and that is why it is better to hold for a very long time. You hold to benefit from the change in price. And one of the easiest ways that you can buy is to maintain the DCA strategy, which a lot of people have keyed into because it is one of the most patronized ways that you can invest without stress, which is just for you to have a source of income.
Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.
You are absolutely right, aggressiveness itself is a negative energy that brings in bad results, which can damage an individual lives.Though aggressiveness is an emotion, which can be control by an individual if they don't want it to escalate, because if not control or balanced, it can affect in different areas of life like relationships, work etc.
Also, having self-regulation can help in adjusting their emotions or balancing to prevent any negative things that will be caused by aggression.
Your bot might need to better learn how to comprehend what you are reading... You are mischaracterizing, misunderstanding and/or perhaps you have no fucking clue about what I said. You are just making up your own bullshit spin.
In regards to bitcoin investing, we use the term aggressive to show how much a guy might prioritize investing into bitcoin so relatively speaking he chooses a higher level of his discretionary income is put into bitcoin, so the more and more aggressive he is, then he might make mistakes and overdo it or miscalculate and go beyond his discretionary income. So, sometimes guys can inadvertently overdo their aggressiveness in their bitcoin buying, and I frequently proclaim that guys should attempt to invest into bitcoin as aggressive as they can without overdoing it, so they have to figure out how much investing into bitcoin and prioritizing investing into bitcoin is enough, but not too much for them and their circumstances..
For sure, so many folks do not invest in bitcoin at all, so it seems to me that it would be better for them to choose to invest into bitcoin, even if they were to invest into bitcoin whimpily rather than not at all, so from my perspective, investing whimpily into bitcoin is better than not investing at all.
In the end, each of us chooses whether or not to invest into bitcoin, and then we also choose our level of aggressiveness or our whimpiness in terms of how much of our discretionary income we invest into bitcoin. We have to have discretionary income in order to invest in bitcoin, otherwise if we buy bitcoin out of money that we need for expenses, then we are trading/gambling rather than investing and we are also overdoing our aggressiveness from my perspective.
There is no exact right answer, even though there are consequences to our actions, and historically, bitcoin has rewarded those who have invested into it and has rewarded those who aggressively invested into bitcoin even moreso, since bitcoin has been a quite positively performing asset, and aggressiveness was rewarded, so long as they did not overdo it. Since we are currently at all time highs in our BTC prices, anyone who errored on the side of investing into bitcoin over the years, has ended up doing quite well over the years, and sure the longer that they have been in bitcoin, buying bitcoin and holding bitcoin the better for their finances, yet they also need to have enough income to be able to pay for their living expenses while they are investing into bitcoin over the years.
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You can buy with your discretionary income using DCA method. How much of your discretionary income you invest is entirely up to you. But I think if you invest 5% to 25% of your discretionary income, it will be much better for you. You can buy aggressively during the downturn with the remaining money you have.A standard of aiming for 5% to 25% of a guys income to go into bitcoin is referring to general income, not to discretionary income.
Of course if a guy is investing 25% of his income into bitcoin, there is a presumption that the discretionary income is at least 25% of the guy's regular income, and then if is investing 100% of his discretionary income, he might be on the border of overdoing it.
There are some guys who have fairly high levels of discretionary income, so surely the higher their discretionary income, the more options they have in regards to how to use such discretionary income, whether investing, consumption or putting into back up funds.
It would be erroneous to suggest that guys invest 5% to 25% of their discretionary funds and act as if that would automatically be reasonable, since for some folks such levels of investment into bitcoin might be whimpy or overly whimpy in terms of their overall abilities, and/or wants.
Yes i agree with you, if Everyone’s strategy is shaped by their goals and risk tolerance. DCA really takes the emotion out of investing, which is crucial in a volatile market like crypto. Whether someone holds or takes profit along the way, what matters is sticking to a real plan that makes sense for them. No one-size-fits-all in this space and that’s what makes it so interesting.
Everyone will strive to find a strategy that aligns with their investment plan over the long term, because a consistent investment plan over the long term is far superior to one that changes frequently every month. And from my observations, methods like DCA are already more widely used by investors, so we can conclude that it's a method that's more suitable for all groups, although some may still use methods other than the one you mentioned. But we can all see how everyone's path, where their own personal fit with a strategy, will continue to be sought in order to invest in Bitcoin more comfortably and without burdening themselves as long-term investors.One thing I’ve come to realize about investing in Bitcoin is that everyone’s journey looks different and that’s completely okay.
What matters most is finding a strategy that works for you and aligns with your financial situation and long-term mindset. Jumping from one strategy to another every month rarely leads to anything solid. But having a plan and sticking to it over time? That’s where the real value is built.
From what I’ve seen, methods like Dollar-Cost Averaging (DCA) are widely used by many investors—and for good reason. It's simple, it’s stress-free, and it doesn’t require trying to time the market. You just set a fixed amount to invest regularly (weekly, bi-weekly, monthly, whatever works for you), and you keep stacking. Over time, this helps smooth out the volatility and lets you build your position steadily, even with limited funds.
People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).
This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.
$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.
Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment. $100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.
One thing is getting started and moving up in the size of the bitcoin holdings, and another thing is having had invested in other areas and being in a position to be able to reallocate some or all of the other investment capital into bitcoin. The more pure example might be the guy who barely has any other investments and/or savings and he has to pretty much start with whatever extra discretionary income that he can spare to put into bitcoin.
Accordingly, like your example, a guy who invests $30 per week would have had invested right around $1,560 after a year, so $10,560 after 10 years and $5,280 after 5 years. $30 per week might not get him up to $100k in any short period of time, yet we can also presume that if he is a relatively young person, then he might be able to increase his discretionary income and potentially figure out ways to focus on prioritizing bitcoin earlier rather than later, yet of course there are trade offs, and maybe the first couple of years he tries to double his bitcoin investment allocation amount, so he goes from $30 per week, and then year 2 $60 per week, and then year 3 $100 per week and then year 4 $120 per week.. so he might be figuring out ways to increase his investment amount and even from time to time, he might have some extra lump sum amounts that he receives that he can put some or all of it into bitcoin, so even a guy with relatively modest amounts put into bitcoin over time can build up the total, and perhaps bitcoin will appreciate in value at various points, so that the total amount of value that is in bitcoin may well be several times or even magnitudes higher than the amount that he put into it.. so if the guy has a longer time horizon, he might start to really see a lot of progress after a couple of cycles, even though it is not guaranteed, but there are various precautions that each of us can take in regards to our own execution decisions and how we balance out our aggressiveness in investing into bitcoin, strengthening our cashflow management practices and even making sure that we are following good bitcoin security and/or protection of our coins practices, including perhaps having no more than 10% or 20% of all of our coins on exchanges, third parties and/or hot wallets... So the overwhelming majority of our coins are held in private wallets with a good portion of that in a form of cold storage that we might test out from time to time (yearly-ish? depending on how we are doing it - which even private storage options are changing through the years).
I think that even another point that was being made in your initial post (yixichloro2xx) was that you were suggesting to build the bitcoin holdings up to a certain level before even dabbling with shitcoins. I am not sure about the necessity of this last point. It is not a bad idea, yet I understand that people who want to get involved in shitcoins, trade and even gamble, they may well might want to do that at all levels of their being involved in bitcoin. Many times they cannot resist investing in shitcoins or trading and it seems better for them to have an avenue with limitations rather than suggesting that they completely say no to such activities, since they likely would not be able to resist anyhow and so even though it is likely better not to get involved in shitcoins/trading at all but at least if they set a limtiation on themselves, such as no more than 10% of their bitcoin, and then each time they get paid, they can only put up to 10% of the new money into shitcoining and/or trading which means that they cannot continue to draw from bitcoin when they lose part or all of their shitcoin/trading allocated amount, yet every time they get new money to invest into bitcoin, they can take up to 10% of that to put into shitcoining and/or trading.
The truth is, it’s not just about how much you invest, it’s about how often and how committed you are. Someone who buys just $30 worth of Bitcoin every week for five years may end up doing better, and learning more than someone who dumps $100k in all at once and disappears.
I have made similar points in the past. There is a certain value that comes from persistence, and even a person who lump sum invests in the beginning and/or at various points through his bitcoin investment, he may well be even better off in terms of his bitcoin investment and also in terms of his psychology, if he is ongoingly engaging in bitcoin through investing into it, whether money or even some of his time and/or energies.
I remembered when I bought Bitcoin with $20 in 2022, though it wasn't much but I knew if I continue to stack more and more I will be able to build my portfolio little by little.... What really matters is building the habit, staying consistent, and thinking long term. You don’t need to start big, you just need to start and keep going....
Exactly. You might have had found it difficult to invest the first $20, but then maybe you go back over your budget and you keep looking into bitcoin, and then after another week or two you put in another $10 or $20 and then you arrange some things in your budget so that you are able to invest $10 every week no matter what, and perhaps bonus amounts on some weeks, and so then every several months you make adjustments, and perhaps you are able to bring your weekly amount up to $30 and then to $50 and then to $70 and then to $100 and more, and yeah, it might take you a bit of time to be able to increase your weekly quantities and/or your abilities to earn or gain some lump sum amounts so that you can feel comfortable dedicating some lump sum amounts to bitcoin. So, yeah investing can be a process with trade offs and ongoing commitment will frequently help to build our BTC holdings with the passage of time...and we may well end up being achieve way more BTC accumulation than we had thought possible and we also may end up being able to advantage more from potential future upside bitcoin volatility, especially if we might figure out reasonable/prudent ways to front-load our bitcoin investment.
Even the past examples do not really seem to show great levels of wealth creation until much time has passed, and surely it does help to experience 70x or greater BTC price appreciation after a guy had already done most of his buying.. but yeah, not easy to get into such a position... so guys likely need to just stack what they can at the time that they learn about bitcoin.. and keep on stacking, as you mentioned.
Sure, Bitcoin does not make people rich immediately. it normally takes years of holding and buying gradually; such big 70x returns are usually achieved by those who started early and continued to buy before the price increased. However, it is not always simple to get started early or to know when the right time is, so after someone understands what Bitcoin is, the best thing to do is to keep buying whenever they can. And over time, something will add up. If a person did not start early, it is better to start now than wait forever.
Your bitcoin portfolio can get to a quite profitable place even with way less than 70x returns, and you could end up having 2x to 3x returns and still be way out performing various other assets, yet with the other advantages of bitcoin that relate to abilities to self-custody it and transact peer to peer without anyone being able to stop you. That is powerful, even if your profits might not be high.
Surely another thing that many of us like to repeat on this thread is that level of profits is a bit of a curiousity, yet it need not be a main focus on any part of a persons investment into bitcoin. Surely it is nice to know that our bitcoin holdings end up being worth multiples or even magnitudes more than the quantity that we had put into it, yet still one of the more important points for those of us who might consider living off of our bitcoin will still relate to how much income it can sustainably generate. so that when the quantity of bitcoin gets to a certain level and then it starts to have the ability to sustainably generate income at levels that are acceptable for our situation, then we likely become quite empowered by getting to such status..
and sure, if there might be situations that we would prefer to generate $30k per year of income off of our bitcoin, yet if we are measuring from valuating at the 200-WMA, and our stash is ONLY at a level to generate $5k per year of income, then even though it seems that we are still quite a distance from our goal, yet from my perspective if we are using the 200-WMA, the 200-WMA has been historically going up at such a great rate (and likely to continue going up at such a great rate), therefore bitcoin has been such a great way to figure out systems to still withdraw from it yet the bitcoin value is growing faster than our withdrawal rate... and it seems to me that even a guy who ONLY has a currently yearly withdrawal rate of merely $5k would be able to get to a yearly withdrawal rate of $30k within 6 years or so without even adding more bitcoin to the stash, and may well get there faster if continuing to add more bitcoin to the stash, which I have frequently suggested and investment timeline of 4-10 years or longer, which also might indicate that there could be a point in which 4-ish or so years prior to transitioning into sustainable withdrawal that a guy could discontinue to add to his bitcoin stash if he is planning to transition from accumulating and into sustainable withdrawal 4-ish years later.. so then the intermediary 4-ish year period might be referred to as a maintenance stage since it is mostly not involving either accumulation nor withdrawal.
What really matters is the mindset some people stacking $20 or $30 a week with consistency, over years, is often more aligned with Bitcoin’s core principles discipline, patience, and long-term vision than someone who throws in six figures overnight and vanishes.
Everyone starts somewhere. Some of us began with pocket change and a ton of doubt. But with each weekly buy, that doubt turns into knowledge, and the small stack starts to look a lot more powerful when viewed through the lens of time and conviction.
Also i, completely agree with the idea that if people are going to explore shitcoins or trading, it’s better they do so with firm boundaries—after they’ve secured a solid Bitcoin foundation. Even a 6–10% “fun allocation” is only manageable when the core is strong and untouchable.
At the end of the day, Bitcoin is not just about numbers—it's about resilience. Whether you're stacking sats from side hustles or reallocating legacy investments, the key is to keep showing up.
As they say: "It’s not about timing the market, it’s about time in the market."
Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.
$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.
Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment. $100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.
One thing is getting started and moving up in the size of the bitcoin holdings, and another thing is having had invested in other areas and being in a position to be able to reallocate some or all of the other investment capital into bitcoin. The more pure example might be the guy who barely has any other investments and/or savings and he has to pretty much start with whatever extra discretionary income that he can spare to put into bitcoin.
Accordingly, like your example, a guy who invests $30 per week would have had invested right around $1,560 after a year, so $10,560 after 10 years and $5,280 after 5 years. $30 per week might not get him up to $100k in any short period of time, yet we can also presume that if he is a relatively young person, then he might be able to increase his discretionary income and potentially figure out ways to focus on prioritizing bitcoin earlier rather than later, yet of course there are trade offs, and maybe the first couple of years he tries to double his bitcoin investment allocation amount, so he goes from $30 per week, and then year 2 $60 per week, and then year 3 $100 per week and then year 4 $120 per week.. so he might be figuring out ways to increase his investment amount and even from time to time, he might have some extra lump sum amounts that he receives that he can put some or all of it into bitcoin, so even a guy with relatively modest amounts put into bitcoin over time can build up the total, and perhaps bitcoin will appreciate in value at various points, so that the total amount of value that is in bitcoin may well be several times or even magnitudes higher than the amount that he put into it.. so if the guy has a longer time horizon, he might start to really see a lot of progress after a couple of cycles, even though it is not guaranteed, but there are various precautions that each of us can take in regards to our own execution decisions and how we balance out our aggressiveness in investing into bitcoin, strengthening our cashflow management practices and even making sure that we are following good bitcoin security and/or protection of our coins practices, including perhaps having no more than 10% or 20% of all of our coins on exchanges, third parties and/or hot wallets... So the overwhelming majority of our coins are held in private wallets with a good portion of that in a form of cold storage that we might test out from time to time (yearly-ish? depending on how we are doing it - which even private storage options are changing through the years).
I think that even another point that was being made in your initial post (yixichloro2xx) was that you were suggesting to build the bitcoin holdings up to a certain level before even dabbling with shitcoins. I am not sure about the necessity of this last point. It is not a bad idea, yet I understand that people who want to get involved in shitcoins, trade and even gamble, they may well might want to do that at all levels of their being involved in bitcoin. Many times they cannot resist investing in shitcoins or trading and it seems better for them to have an avenue with limitations rather than suggesting that they completely say no to such activities, since they likely would not be able to resist anyhow and so even though it is likely better not to get involved in shitcoins/trading at all but at least if they set a limtiation on themselves, such as no more than 10% of their bitcoin, and then each time they get paid, they can only put up to 10% of the new money into shitcoining and/or trading which means that they cannot continue to draw from bitcoin when they lose part or all of their shitcoin/trading allocated amount, yet every time they get new money to invest into bitcoin, they can take up to 10% of that to put into shitcoining and/or trading.
The truth is, it’s not just about how much you invest, it’s about how often and how committed you are. Someone who buys just $30 worth of Bitcoin every week for five years may end up doing better, and learning more than someone who dumps $100k in all at once and disappears.
I have made similar points in the past. There is a certain value that comes from persistence, and even a person who lump sum invests in the beginning and/or at various points through his bitcoin investment, he may well be even better off in terms of his bitcoin investment and also in terms of his psychology, if he is ongoingly engaging in bitcoin through investing into it, whether money or even some of his time and/or energies.
I remembered when I bought Bitcoin with $20 in 2022, though it wasn't much but I knew if I continue to stack more and more I will be able to build my portfolio little by little.... What really matters is building the habit, staying consistent, and thinking long term. You don’t need to start big, you just need to start and keep going....
Exactly. You might have had found it difficult to invest the first $20, but then maybe you go back over your budget and you keep looking into bitcoin, and then after another week or two you put in another $10 or $20 and then you arrange some things in your budget so that you are able to invest $10 every week no matter what, and perhaps bonus amounts on some weeks, and so then every several months you make adjustments, and perhaps you are able to bring your weekly amount up to $30 and then to $50 and then to $70 and then to $100 and more, and yeah, it might take you a bit of time to be able to increase your weekly quantities and/or your abilities to earn or gain some lump sum amounts so that you can feel comfortable dedicating some lump sum amounts to bitcoin. So, yeah investing can be a process with trade offs and ongoing commitment will frequently help to build our BTC holdings with the passage of time...and we may well end up being achieve way more BTC accumulation than we had thought possible and we also may end up being able to advantage more from potential future upside bitcoin volatility, especially if we might figure out reasonable/prudent ways to front-load our bitcoin investment.
Even the past examples do not really seem to show great levels of wealth creation until much time has passed, and surely it does help to experience 70x or greater BTC price appreciation after a guy had already done most of his buying.. but yeah, not easy to get into such a position... so guys likely need to just stack what they can at the time that they learn about bitcoin.. and keep on stacking, as you mentioned.
Sure, Bitcoin does not make people rich immediately. it normally takes years of holding and buying gradually; such big 70x returns are usually achieved by those who started early and continued to buy before the price increased. However, it is not always simple to get started early or to know when the right time is, so after someone understands what Bitcoin is, the best thing to do is to keep buying whenever they can. And over time, something will add up. If a person did not start early, it is better to start now than wait forever.
Your bitcoin portfolio can get to a quite profitable place even with way less than 70x returns, and you could end up having 2x to 3x returns and still be way out performing various other assets, yet with the other advantages of bitcoin that relate to abilities to self-custody it and transact peer to peer without anyone being able to stop you. That is powerful, even if your profits might not be high.
Surely another thing that many of us like to repeat on this thread is that level of profits is a bit of a curiousity, yet it need not be a main focus on any part of a persons investment into bitcoin. Surely it is nice to know that our bitcoin holdings end up being worth multiples or even magnitudes more than the quantity that we had put into it, yet still one of the more important points for those of us who might consider living off of our bitcoin will still relate to how much income it can sustainably generate. so that when the quantity of bitcoin gets to a certain level and then it starts to have the ability to sustainably generate income at levels that are acceptable for our situation, then we likely become quite empowered by getting to such status..
and sure, if there might be situations that we would prefer to generate $30k per year of income off of our bitcoin, yet if we are measuring from valuating at the 200-WMA, and our stash is ONLY at a level to generate $5k per year of income, then even though it seems that we are still quite a distance from our goal, yet from my perspective if we are using the 200-WMA, the 200-WMA has been historically going up at such a great rate (and likely to continue going up at such a great rate), therefore bitcoin has been such a great way to figure out systems to still withdraw from it yet the bitcoin value is growing faster than our withdrawal rate... and it seems to me that even a guy who ONLY has a currently yearly withdrawal rate of merely $5k would be able to get to a yearly withdrawal rate of $30k within 6 years or so without even adding more bitcoin to the stash, and may well get there faster if continuing to add more bitcoin to the stash, which I have frequently suggested and investment timeline of 4-10 years or longer, which also might indicate that there could be a point in which 4-ish or so years prior to transitioning into sustainable withdrawal that a guy could discontinue to add to his bitcoin stash if he is planning to transition from accumulating and into sustainable withdrawal 4-ish years later.. so then the intermediary 4-ish year period might be referred to as a maintenance stage since it is mostly not involving either accumulation nor withdrawal.
The $100k benchmark is more symbolic than practical for many, especially those in developing economies or just starting their journey. It represents conviction and long-term thinking, not a mandatory entry fee. The danger is that when we anchor the idea of “seriousness” to a large number, we risk alienating the exact people we hope to encourage.
What really matters is the mindset. A person stacking $30 or $40 a week with consistency, over years, is often more aligned with Bitcoin’s core principles discipline, patience, and long-term vision than someone who throws in six figures overnight and vanishes.
Everyone starts somewhere. Some of us began with pocket change and a ton of doubt. But with each weekly buy, that doubt turns into knowledge, and the small stack starts to look a lot more powerful when viewed through the lens of time and conviction.
Also, completely agree with the idea that if people are going to explore stictions or trading, it’s better they do so with firm boundaries after they’ve secured a solid Bitcoin foundation. Even a 5–10% “fun allocation” is only manageable when the core is strong and untouchable.
At the end of the day, Bitcoin is not just about number sit's about resilience. Whether you're stacking sats from side hustles or reallocating legacy investments, the key is to keep showing up.
As they say: "It’s not about timing the market, it’s about time in the market."
⭐ Merited by JayJuanGee (1)
You should never think about ten years ago because at that time, risk could only bring success,
This makes little sense. 10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff.
Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.
It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too. When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.
without money, there is no way that you can invest in bitcoin, so the best thing is for anyone to have a job so that when you start from there, because there is no other means that will be accepted when you have a means of earning, but when you don't have a means they how do you even invest so one of the best things to start with is for you to get a job then you will notice that that way you will be able to use the dca method easily because without funds there i no way you can do the dca.
And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot. After all, when you don't invest well then the returns will be small when you are not finacially stable then it will be better to figue things out before investing.
And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot. After all, when you don't invest well then the returns will be small when you are not finacially stable then it will be better to figue things out before investing.
To invest, a person can invest by doing any work, whether it is daily wage, job or business.To invest, it is necessary to have a source of discretionary income. If your source of discretionary income is from a job or working as a daily wage, then you can still invest if you want. If you are working and if you cannot get the meaning of discretionary income from it, then you may not be able to maintain the continuity of your investment. Therefore, you need to have the importance of proper financial management.
Bitcoin is very risky, there is no guarantee that you will be profitable if you invest. However, the possibility of profit is much higher in the case of long-term investment. Therefore, we can never say that we will be profitable if we invest.
Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.
Since we are using discretionary income to accumulate bitcoin, there's no problem if an investor decides to invest aggressively in bitcoin all the time because he is using the money that is not meant for his expenses to invest in bitcoin, and he can use his discretionary income the way that pleases him. Investing aggressively in bitcoin has been discussed so many times on this thread and on the buy the dip and hodl thread, but it seems a lot of members are still misunderstanding the concept of investing aggressively in bitcoin. Investing aggressively in Bitcoin isn't only when you use $200 or $500 to accumulate Bitcoin; as far as you are consistent in accumulating Bitcoin weekly or monthly with $5, you are investing aggressively in Bitcoin because that is your level of aggressiveness, and you aren't also overdoing it.I agree with you because if someone invests all of their discretionary income in Bitcoin regularly, then it can be called aggressive investment by definition, but according to the person who is actually investing , it may not be feel like him as aggressiveness . People think that investing aggressively in Bitcoin is very risky, but the main theory here is that the investment is made from discretionary income. If there is any income outside of those expenses of a person then it is called discretionary income. Another thing to know is that if he saves some money in every month as a savings ,reserve fund and other. After this kind of spending money in every month, then the remaining part after deducting all these expenses is understood as a discretionary income . He can do whatever he wants with the money outside of this daily life spending money , and it won't be a problem for him to live on.
If anyone invest 100% of his discretionary income in bitcoin it wont be risky for him because this money is separate from his daily expenses like savings , reserve fund and emergency fund also. But if he puts all of his total wealth into one specific business then it could be very dangerous for him because he is investing all of his income and assets in one place.
Now the question may arise what is the probability of profit or loss in Bitcoin? If you look at the statistics of the last 10 years, you will get a clear idea about this. if you are basically invest for a long time, regularly, that could be more than 10 years by using DCA method . it will be way better than any other investing. The longer you invest, the more likely you are to make a profit. Now Bitcoin has reached a point where it is that the price of Bitcoin may not huge drop in the future. In my thinking bitcoin price will not be under $100,000 in future . Now is the time to think like this “I intend to invest in Bitcoin for the next 10 years using the DCM method. I should think about how much more times profit I will get compared to total investing after 10 years''.
Using the DCA strategy for long-term Bitcoin invest,
it makes a lot of sense too. History stipulated that time in the market often beats timing the market, especially with assets like Bitcoin. As long as the fundamentals stay strong and someone’s not risking money they can’t afford to lose, the long game could be really profitable
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The headline/teaser made me smirk and after reading I am way much less scared about those quantum thingies factoring meaningful numbers (like i.e. public keys) in foreseeable future:
-> https://www.theregister.com/2025/07/17/quantum_cryptanalysis_criticism/
that headline definitely caught me too and the quote is gold. It's oddly reassuring to hear someone as credible as Gutmann cut through the hype with such bluntness. Quantum computing still feels like a buzzword minefield, so it’s nice to see a grounded take. Makes me wonder how much of the PQC rush is real urgency, just future proofing theater...
Peter Gutmann, a professor of computer science at the University of Auckland New Zealand, thinks PQC is bollocks – "nonsense" for our American readers – and said as much in a 2024 presentation [PDF], "Why Quantum Cryptanalysis is Bollocks."
..
Peter Gutmann, a professor of computer science at the University of Auckland New Zealand, thinks PQC is bollocks – "nonsense" for our American readers – and said as much in a 2024 presentation [PDF], "Why Quantum Cryptanalysis is Bollocks."
..
-> https://www.theregister.com/2025/07/17/quantum_cryptanalysis_criticism/
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
444K to 85K would feel so incredibly bad......as usual
If unfortunately this happens, it will be the worst situation I have ever seen, which I never imagined.
It won't be
Percentage-wise it is roughly the same when we went from 20K to 3.2K and from almost 69k to 15.6K.
The absolute numbers would be strikingly different, of course.
btc at 444K is a 9.3 tril "entity". For btc market as a whole to lose 7.5 tril would feel stupendously bad (and very similar in numbers to the Nasdaq plunge from 5K to 1K in 2001-2002).
My "heart" tells me that it won't happen, but my brain tells me that it could.
"Hope is not a strategy, but ignoring risk isn't wisdom either. Gut says no... brain says maybe. That tension is the essence of every cycle.
..... nobody is in the position to tell anyone how much of his discretionary income that he should use to invest in bitcoin. ....
Many of us use the term aggressive for someone who chooses a high percentage of his discretionary income to invest in bitcoin and the term whimpy to describe someone who chooses a low percentage of his discretionary income to invest in bitcoin, and these should be considered as merely ways to emphasize one direction or another, even though in the end, each person needs to figure out his level of aggressiveness or his level of whimpiness.
Furthermore, there could be other funds that a person has at the time that they get into bitcoin that they might choose to allocate some of those funds into bitcoin, and they may choose whimpy levels or more aggressive levels, and surely they are personal choices - even though I personally suggest that guys should invest into bitcoin as aggressively as they are able to do without over doing it.. yet in the end, they have to decide for themselves, even though I am making a bit of a value judgement suggestion that may or may not be agreeable to another person to have that same orientation.. so then in the end, each of us are ultimately responsible to make our choice regarding whether or not we get into bitcoin and the level of aggressiveness and then to live with the consequences of acting and/or failing to act.
By the way, I also acknowledge that so many folks, perhaps 99% of the world's population are no coiners and/or low coiners, so surely even folks who decide to get into bitcoin whimpily are likely going to be better off as compared with those folks who continue to decide to not get involved in bitcoin and/or not to look into bitcoin further so that they can decide to whether to get into bitcoin based on an informed position rather than based on a likely lack of looking into bitcoin. So, I remain of the perspective that something is better than nothing, even though at the same time, I think that everyone should attempt to accumulate bitcoin as aggressively as they can without over doing it and to continue with such behaviors until they reach enough or more than enough bitcoin (which again is a value judgement regarding how much bitcoin is enough or more than enough).
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Long term investors may well not plan as specifically as you are ascribing to them, and frequently long term investors might be willing to be much more vague in their ideas about the specifics of either timeline or even price, so they might not pinpoint any kind of need to get out within a specific timeline or a specific price range as you are suggesting that "everyone" thinks like that, and perhaps a lot of folks who were so specific about their timeline and/or their price range would no longer be holding any BTC since they likely would have had sold too many too soon and then perhaps feeling like they screwed up.
Traders do think about specifics of their exit a lot more than investors, yet I would not even be suggesting that investors still need to know that they are able to sell their BTC if they need to, yet they might not feel any kind of urgent need to plan around conditions in which they are planning to sell their BTC.
Surely investors are going to be different based on their various individual factors too, so I would hate to completely lump investors into the same category.
The $100k crowd might cash out and move on, but those focused on long-term sovereignty, sound money, and generational wealth are thinking far beyond a price tag. As you said, Bitcoin doesn’t bend to our timelines we either align with it or miss the bigger picture.
Self-custody, resisting surveillance-based narratives like ESG/KYC/AML, and avoiding distractions like altcoin gambling these are core pillars for anyone serious about what Bitcoin really stands for.
Even with myself. I had been through the downside of the 2013 cycle and both the upside and downside of the 2017 cycle, but even in 2019-2021 when the BTC price went up from $4,200 in April 2019 to $64k in April 2021 and then it dropped to $30k in summer 2021 and returned to $69k in November 2021, there can be some periods of surprise to have some wallets go up somewhere in the ballpark of 16x from the bottom to the top.
Even some folks in this particular cycle might have had some coins that they bought or held in November/December 2022 that were in the $16k to $20k prices, and even now when we had BTC prices go up to $120k, so then those coins had gone up 6x to 7x, which is also nothing to sneeze at, and there are folks who never had experienced 2x or 3x in value appreciating through their lives and then they are able to personally experience 6x/7x price appreciation in the past 2.5 years.. and if a guy is still accumulating he might not know what to do. If a guy had done most of his accumulation prior to October 2023, he might just feel so amazed to be on the journey, if we might consider the possibility that some guys had gotten enough BTC, yet there are way more guys who are still needing to accumulate and not to get thrown off by past bitcoin price performance in regards to their need to keep accumulating bitcoin no matter the price so that maybe they will be in a better place 4-10 years or more down the road.
What the newer folks need to know is that even if they have experience the bull run in one or two cycles, it cant affect your portfolio value in terms of numbers or fraction in the portfolio but it shakes your foundation. Let me explain more further. Like the example you gave, someone who is up 6x or 7x since 2022 may think they are there yet but when they rethink of what the value in fiat is, and the purchasing power their thinking shifts. That's basically the period where most folks start justifying their actions, gradually deviating from their initial plan by either pausing their accumulation completely or reduce the way they accumulate believing they have bought enough. Even some folks in this particular cycle might have had some coins that they bought or held in November/December 2022 that were in the $16k to $20k prices, and even now when we had BTC prices go up to $120k, so then those coins had gone up 6x to 7x, which is also nothing to sneeze at, and there are folks who never had experienced 2x or 3x in value appreciating through their lives and then they are able to personally experience 6x/7x price appreciation in the past 2.5 years.. and if a guy is still accumulating he might not know what to do. If a guy had done most of his accumulation prior to October 2023, he might just feel so amazed to be on the journey, if we might consider the possibility that some guys had gotten enough BTC, yet there are way more guys who are still needing to accumulate and not to get thrown off by past bitcoin price performance in regards to their need to keep accumulating bitcoin no matter the price so that maybe they will be in a better place 4-10 years or more down the road.
Again that is exactly what place the older folks at an advantage over the newer folks. Its not because we/they are smarter, but because they have already lived through many experiences especially in the early stage. Either selling too soon or timing the market when we should have actually buy. So yeah, it's not by looking at charts, pressing the calculator on how much we wish to buy. But its about staying focused long enough to keep DCAeing even after our portfolio has made 6x or 7x as the case may be. No matter the cause, let's at least keep buying high/low and holding long enough to make more ATH.
I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.
In fact, if the Bitcoin price drops, the DCA amount we use should be higher. For long-term Bitcoin investors, a price drop isn't a problem it's actually a good opportunity to buy more Bitcoin. So, you don't need to fear a Bitcoin price drop. As long as we invest long-term, our journey to accumulating Bitcoin doesn't need to be fixated or confused by the price. Because Bitcoin is an investment asset with a very clear cycle, there's no reason to be afraid of investing in it. Even if we roughly describe it, even though Bitcoin's price fluctuations are like erratic pencil strokes, Bitcoin will ultimately continue to experience price increases with each cycle. So, with this in mind, we don't need to be afraid of price drops or anything else when investing in Bitcoin. Essentially, we should focus on conducting DCA regularly, remembering our goals, and being more active in seeking additional income, so that our discretionary income will increase.And one more thing, never wait for a price drop to buy Bitcoin. Because if you do that, you might regret it. So, stick to investing in bitcoin with DCA.
On the contrary you are seemly talking about buying the dip because the DCA we talk about has nothing to do with the Bitcoin price drops but a buying of Bitcoin without talking the whether the price drops or not, and for anyone who will attempt to increase the amount they will use to buy Bitcoin simply because there is price drops must have taken that in to consideration by making a provision for a reserve funds which they can use to buy the dip but for those who didn't make such plans then buying with is available is the best thing to do in other not to get carried away away by the dip they are seeing and get in to trouble of using money not meant to be use for buying Bitcoin to avoid struggling to sort out their important needs.
money to buy BTC.
You can invest your entire discretionary income if you want. But it would be better for an investor to invest 25% of his discretionary income. If a person uses 25% of his discretionary income, then he can build an emergency fund with the remaining 75% and if the emergency fund is ready, then he can keep that money with him and when he sees a decline in the market, he can buy aggressively.I think that with time an investor does everything. Maybe a new person may not do this, he may not be aware of this. But a person who has been investing for some time may set aside money to buy aggressively. Because he knows how to use the decline.
Older investors often don't take advantage of price drops if they want to buy Bitcoin more aggressively, although they don't dismiss them as a good opportunity for those who haven't been afraid to buy without the market dropping. And such investors are usually not afraid to use half of their income to buy Bitcoin because they can still manage their lives with the remaining half. Therefore, this will never be the same for one person as the mentality and courage to buy assets like Bitcoin always differ from person to person.
Furthermore, there are differences in income levels among individuals, and this can influence how they use their money to buy Bitcoin more aggressively on a regular basis and less focused on price declines in the market. So, I'm not at all surprised to see investors who invest half their income in Bitcoin every week . Even though they are still concerned about their own livelihood and emergencies, their courage in regularly investing half their income every week is truly admirable.
After receiving income and have deducted the money for your monthly expenses and basic needs, the leftover is what you can use part of it to invest in bitcoin through DCA for regular weekly purchases. However, nobody is in the position to tell anyone how much of his discretionary income that he should use to invest in bitcoin. We all know our own financial situation playing around us and our different decisions and target in our long-term bitcoin accumulation journey, therefore, we are in the right position to choose how much from our discretionary income that will can use to invest in bitcoin to keep our accumulation ongoing for 4-10 years and above.
The most important thing is that you shouldn't use an amount that will make you sell your bitcoin before your own time or something that will make use regret in the future for the wrong actions taken.