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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 14/08/2025, 07:11:56 UTC
The reason why most people are afraid of volatility is not just because that they are skeptical about bitcoin potential but rather is because of the way they view bitcoin. There are people that invest in bitcoin with the mindset of making quick profit, this set of people will definitely panic over price swings. Investing in bitcoin without a discretionary income is also a factor that can cause an investor to panic over price changes especially when the invested money will be needed soon.

This is why nobody should invest in bitcoin for short term profits and why no one should invest with money they can no afford to lose, discretionary income is the funds that should be used to invest in bitcoin, it let's the investor invest without particularly worrying about price fluctuations and volatility, it also makes long term investment easier as the investor doesn't necessarily feel the impact of losing money that much if the invest with their discretionary income instead
$123,500
An amazing development, but not a surprising one, this much was expected and should encourage those who don't trust in bitcoin enough yet to trust it even more now, there are even higher ATHs to reach
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 11/08/2025, 10:53:09 UTC
Switching from investing to trading means that person has still not understood the concept of investing in bitcoin but has just being following people to invest because they are investing and want to be recorded or answering name of bitcoin holder, he his not investing out if his own wish and that is why when the price of bitcoin remains a bit constant for a period of time just as it is now, they tend to switch over to trading, we don't see those persons as real investors but passers by in the bitcoin investment sector.

Those set of persons are traders, who are only trying to be convinced with investing in bitcoin, but still are yet to understand it .
Yes, it's clear that such people are traders, not true investors. Because if someone truly wanted to become a Bitcoin investor, they certainly wouldn't switch to trading just because the Bitcoin market is somewhat stable. But personally, I don't care too much about such people's behavior, because ultimately, they will learn a lesson for their actions. So, for now, we'd better focus on being consistent with our Bitcoin accumulation. Because, believe me, changing someone's mindset or perspective is very difficult. So, let such people realize it on their own.
Everyone has their own plans, and I don't think it's wrong to do that. Sometimes, people want greater profits or accumulate assets more quickly and in greater numbers. Although the risks involved in trading are significant, such bets are feasible for those who understand trading and have the confidence to do so.
I believe our goal is the same: to profit in the future, even if our paths and strategies differ.

And I do both: investing for the future by slowly accumulating Bitcoin using the DCA method. I also trade with different currencies, with the goal of accumulating more Bitcoin in the future from my trading profits.
We are all certainly entitled to our opinion and choices on how we run out life's and our investments, but I don't really think the idea of trading a person's bitcoin is a very smart one, but if a person does decide to trade them they should not trade with more than 10% of their total bitcoin, this way they can get whatever kick they get from trading without jeopardising their entire investment,
There is more to gain from investing in bitcoin than there can ever be in trading it, this much has been proven in bitcoin's history and will be proven even further in the future
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Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 10/08/2025, 10:45:12 UTC
So many people focus so much on having a stable income but forget the importance of actually managing that income wisely , discretionary income is really the game changer for any kind of investment , especially with something as volatile as Bitcoin . what real happened to cold joker is a real lesson to very one without an emergency fund you are forced to liquidate investments at the most possible time it is not just about how much you earn , it is about how well you plan for the unexpected.
Good financial management skills have always been and will always be fundamental to success in bitcoin investment, an investor needs discretionary funds to invest in bitcoin but poor management of the investor's finance can make it difficult and sometimes even impossible for them to invest, you income might be good and might even come at a regular interval but due to poor spending skills you could still be left with nothing at the end of the day, sometimes debt might have even been incurred before the next pay arrives, this completely cancels out any chance of any discretionary income coming in, which also makes bitcoin investment impossible.
Good management of finance is needed if bitcoin investment is the goal, if an investor can't manage their finances, they won't be able to manage their bitcoin.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 10/08/2025, 09:06:09 UTC
⭐ Merited by JayJuanGee (1)
There are some investors who try to make profit by selling small targets. This is not bad,
The very idea of an investor selling for small profit is bad enough already and should not be encouraged in my opinion, when they do this, they switch from investing to trading and this is where all their mistakes start piling up for them, no investor's target should be short term, and making profits from small targets is short term investment and while it might seem promising at the time it's always the after effects that's detrimental as they sometimes sell more than the profit made and even sell the capital investment because while you might have made $1k profit during your sale, investing $1k after might afford you less bitcoin than what you sold which leaves you at a lose.
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Those who buy Bitcoin for a small profit should know more about the benefits of holding it for the long term.
those who buy bitcoin for small profits will definitely know less about the benefits of holding long term since they've probably never experienced it themselves, it's makes more sense for a long term investor to, short term investors invest in short term because they don't know about the benefits of investing long term, to them the short term profit is the best kind of profit to make, if they understood the benefits of investing long term then they would have invested long term so I disagree with them knowing more about the benefits of holding bitcoin for long term as that would mean long term investors know less about the benefits of holding which is very wrong.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 09/08/2025, 14:23:36 UTC
⭐ Merited by JayJuanGee (1)
If our investment doubles before our time limit ends, we can withdraw some money from our investment and enjoy it. But even if our time limit ends, selling our entire holdings would not be the right decision. Because I think the price of Bitcoin is still in its infancy. The price of Bitcoin can increase a lot in the future. So if you sell your entire holdings because your time limit has expired, you may regret it later. So it would be best to withdraw the amount you need and keep the rest of the holdings.
I think every withdrawal should be planned and not just done because of an increase in the value of your stash, that's basically the technique of a trader selling because his investments has yielded profit over a short period of time and not the strategy of an investor, the point of investing is to make profit but this profit should not drive your into selling early, an investor should be disciplined in his investments, if you can sell because of a quick profit then you can also definitely sell because of a quick lose, so even though you are making profit, you shouldn't sell until the investment timeline has ended and you should know how much of your profits percentage you sell each time you sell.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 05/08/2025, 00:33:38 UTC
Apparently the daily inflows of bitcoins to Binance have increased to almost 7k. This was due to whales sending their money to the exchange, but the short-term speculators also joined in.
I guess we have approached the stage where even those who are optimistic about the market are looking to realise some profits by selling at least a portion of their stashes. But it's also possible that some of the sellers decided to convert bitcoins to altcoins, as we have some signs that the altcoin season might finally be kicking in.
Bitcoin's price recovered from week's low of $112k to $115k. Some of the top alts are showing much better daily growth, but they also got hit harder during the recent dip.
Not muh change in terms of BTC's dominance. We're slightly below the 61%.
Fluctuation are expected to happen, bitcoin is a volatile asset after all, but altcoins growing to challenge bitcoin's dominance won't be happening, with a few market corrections all altcoins will be where they are supposed to be and bitcoin will remain at the top as always, maybe most people sold because they always planned to at this time, it could be very much coincidental that it all seemed to happen roughly around the same time giving off a feel that bitcoin investors are trying out other assets, but I believe things will clear out soon enough
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 04/08/2025, 13:23:34 UTC
I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income

Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.
It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 03/08/2025, 08:30:22 UTC
I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all).  People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started.
Exactly, people make their own choices, they can either listen to advise and invest in bitcoin or the don't, if they buy bitcoin, good for them, if they don't then you leave them be, eventually they will realize their mistakes and will seek you out if they still see the need to invest in bitcoin, putting in to much unnecessary work on your part trying to convince someone to invest in bitcoin make them think you are out for your own personal gain making them reluctant in investing, they feel that in certain way you would be the one to gain from their investments and truth be told, most people don't want others succeeding from their efforts so rather than invest in bitcoin they back away from it, I believe most bitcoin investors are adults and they can decide for themselves what the want to do with their discretionary income and if they are smart enough then bitcoin investment will be the way for them to go and believe me if someone is going to invest in bitcoin, they don't need too much convincing, a smart investor will see the limitless potential in bitcoin and invest in without stress.
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Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 03/08/2025, 06:50:06 UTC
Sure it is a matter of time and also a matter of quantity, including front loading.  A guy from 10 years ago could have bought $5 of bitcoin per week and invested $2,600 by now (over the past 10 years) and he would have accumulated more than 1 bitcoin.

From the article, the guy suggests $250 per week, yet I question if $250 per week would be enough to get to 1 BTC in 10 years.. and so if someone wants to assure to get to 1 bitcoin in 10 years, he probably needs to invest more than $250 per week.. perhaps more than $500 per week, and even that might not be enough.  $500 per week would get right around $26k per year, which would be $260k over 10 years. Such a guy with $500 per week might be able to get to 1 BTC in 10 years or less.  Perhaps?  I would not have a lot of confidence that $250 per week would get a person to that level, yet at the same time, surely people have to work with what they got rather than fantasizing about what they do not have, in terms of discretionary income that they are able to invest in bitcoin in a sufficiently aggressive way, yet at the same time, without overdoing it and wrecking themselves in the process of trying to reach such a goal of getting to 1 BTC in 10 years.
I agree, these projections will all depend on the price of bitcoin in the next ten years and what it's yearly percentage increase will be, it could even get to having to invest $700-$800 every week with DCA be able to 1 bitcoin in 10 years, it could be more it could also be less but either way the chance of owning 1 bitcoin in the next 10 years would require an investor to spend more in the next 10 years through DCAing than they spent in the last 10 years through the same DCAing, there is no certain way to know for sure but with the kind of increase we have seen in the price over BTC over the last decade then it won't be far fetched to say owning 1 BTC over the next 10 years will be more difficult than it was in the last same 10 years.
So at the end of the day, it's only a matter of time and quantity.
With any work done diligently and consistently, I don't think it will be difficult for anyone to accumulate one Bitcoin for future investment. This is because it is highly influenced by a person's confidence in owning Bitcoin and never hesitating to continue buying without any reason. And if you're willing to dedicate ten or fifteen years to buying Bitcoin using the DCA method, you will have one Bitcoin, or even more. The DCA method isn't always measured by the amount of money you use each week to buy Bitcoin; you can use different amounts for each purchase in the coming weeks.

So, any investor who has started in the past few years and continues to use this method today will no longer be concerned about whether or not they can own a specific amount of Bitcoin. They will remain focused on their initial plan: to keep buying with the money they've set aside each week, so that the amount of Bitcoin they accumulate will continue to grow over time.
Growth in an investor's portfolio is certain as long as they keep investing in bitcoin, it might be faster for some than others but it will still happen, it will only take time, dedication and consistency on the part of the investor, over the course of a decade or two an investor's stash will eventually reach 1 BTC, so even though getting 1 BTC over the next decade will be harder now than it was over the last decade an investor will still hit that threshold if the are consistent enough in investing and HODLing for long enough
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 02/08/2025, 23:39:34 UTC
So I think those who really want to invest in Bitcoin and create a security for their lives for the future should follow DCA and invest for the long term. I myself also thought that if there is a dip should buy more Bitcoin. But actually I was wrong then. Those who want to get real profit from Bitcoin should invest without thinking about the price being high or low. We who lead a middle class or upper middle class life. Those who have 20% to 30% discretionary income from regular income. It is not possible to buy much more Bitcoin from this little amount of money. For ordinary people like us, following DCA is the best way to secure our future.
Let's agree to disagree, regardless of whether your strategy of choice is DCA, buying the DIP, lump sum or any other strategy of your choice, the primary determinant of your investment is your discretionary income, let's say an investor is DCAing on a weekly basis and the investor is a salary earning who gets paid weekly too, and coincidentally he receives a bonus one week and there is a price dip that same week, the bonus income would have increased his discretionary income by a significant percentage meaning that on this particular week with a bitcoin price dip this investor has more discretionary income to buy bitcoin, there is absolutely nothing wrong if this investor decides to buy more than he usually does this time around and if he buys then he would have done so through DCA, buying the DIP and lump sum purchase at the same time since the purchase was done on a regular interval, during a dip and with more money then usual.
For me a situation like this works as a win and should be taken advantage of because at the end of the day the whole investment would have still been done with the investor's discretionary funds with no harm done to his usual way of life.

You are absolutely correct, scanerio like this can occur or happen but in as much as we are being positive we should also consider the negative aspect of things, for something to be in equilibrium both factor or condition have to be consider. Now what if after getting or receiving the bonus from your place of work, don't you think sometimes challenges or needs can arise at same time? And these challenges and needs are the reason why some investors don't double up even when they receive bonus and there is Dip. Considering both factor will help an investor or business person stand firm because they expecting anything ( positive or negative).
Exactly, not all of the bonus will go into discretionary income, that's why I said 'a significant percentage' so you don't use your entire bonus to invest in bitcoin since it would also help in easing some other responsibilities you might have, but the presense of a bonus will most likely increase your discretionary income which will also lead to you having more money to invest in bitcoin with
Plus this is also why emergency funds exist in the first place, to take care of emergency situations that might arise along the way in order to make sure an investor doesn't sell too early.
So you use a part of the bonus to increase your investment and  use the rest for cater for your other needs, you were given the bonus for a reason after all, it might be a Christmas bonus or it could be for some other reason but at the end of the day a bonus means an increase in that week's income which can also mean an increase in that week's discretionary income as well.
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Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 02/08/2025, 23:29:04 UTC
This May Be the Final Year to DCA Your Way to One Bitcoin in a Decade
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance.

DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers

Source: https://news.bitcoin.com/analyst-this-may-be-the-final-year-to-dca-your-way-to-one-bitcoin-in-a-decade/

Holding Bitcoin according to the DCA method is very enjoyable, you can definitely see it if you enter this link. Because it is easy to earn one Bitcoin in a decade and the DCA method plays the most important role in making yourself financially independent.
The more you hold Bitcoin according to the DCA method, the longer your investment will be in the long term. Keeping Bitcoin aside for a decade and continuing to hold it is the most modern and plays a sure role in becoming financially independent.

I wasn't sure how to react to  this until I read the article myself, and after reading it I noticed that it actually made a lot of sense for people who want to a full bitcoin and not fractions of it taking into consideration tha fact that the price of bitcoin will keep appreciating with the coming years, so while DCA will still work to accumulate bitcoin, it will become difficult to own 1 bitcoin unless the amount of money invested weekly is increased to match the growth of bitcoin's price, for me this is good news, articles like this only shows how much more growth bitcoin is expected to make and that investors should keep investing if they want to be a part of bitcoin's future

It is true that Bitcoin will keep on growing as years goes by but that doesn't mean that  using a certain amount to be accumulating Bitcoin without increasing the amount will make an investor not to be able to get 1 Bitcoin. Bitcoin is a volatile asset and so the chance or tendency that the price will keep going up without a dipping and stayed in that position is not known or certain. Regardless of the amount someone is using to accumulate Bitcoin, with consistency they will surely acquire 1 or more Bitcoin in years time and it is not possible for an investor to stay through his years or time of accumulating Bitcoin without doubling or Invest aggressively when there will be a dip.
I did not say it was going to become impossible to buy 1 bitcoin, but with the coming years and judging with the track record bitcoin had set it will be much harder to buy one bitcoin in the future with the same amount used in DCA now, if it took 10 years to buy now it might take 15 years in the future so the only to keep at at 10 years would be to increase your weekly investment as was stated in the article.
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Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 02/08/2025, 22:03:54 UTC
This May Be the Final Year to DCA Your Way to One Bitcoin in a Decade
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance.

DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers

Source: https://news.bitcoin.com/analyst-this-may-be-the-final-year-to-dca-your-way-to-one-bitcoin-in-a-decade/

Holding Bitcoin according to the DCA method is very enjoyable, you can definitely see it if you enter this link. Because it is easy to earn one Bitcoin in a decade and the DCA method plays the most important role in making yourself financially independent.
The more you hold Bitcoin according to the DCA method, the longer your investment will be in the long term. Keeping Bitcoin aside for a decade and continuing to hold it is the most modern and plays a sure role in becoming financially independent.

I wasn't sure how to react to  this until I read the article myself, and after reading it I noticed that it actually made a lot of sense for people who want to a full bitcoin and not fractions of it taking into consideration tha fact that the price of bitcoin will keep appreciating with the coming years, so while DCA will still work to accumulate bitcoin, it will become difficult to own 1 bitcoin unless the amount of money invested weekly is increased to match the growth of bitcoin's price, for me this is good news, articles like this only shows how much more growth bitcoin is expected to make and that investors should keep investing if they want to be a part of bitcoin's future
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 02/08/2025, 21:44:31 UTC
So I think those who really want to invest in Bitcoin and create a security for their lives for the future should follow DCA and invest for the long term. I myself also thought that if there is a dip should buy more Bitcoin. But actually I was wrong then. Those who want to get real profit from Bitcoin should invest without thinking about the price being high or low. We who lead a middle class or upper middle class life. Those who have 20% to 30% discretionary income from regular income. It is not possible to buy much more Bitcoin from this little amount of money. For ordinary people like us, following DCA is the best way to secure our future.
Let's agree to disagree, regardless of whether your strategy of choice is DCA, buying the DIP, lump sum or any other strategy of your choice, the primary determinant of your investment is your discretionary income, let's say an investor is DCAing on a weekly basis and the investor is a salary earning who gets paid weekly too, and coincidentally he receives a bonus one week and there is a price dip that same week, the bonus income would have increased his discretionary income by a significant percentage meaning that on this particular week with a bitcoin price dip this investor has more discretionary income to buy bitcoin, there is absolutely nothing wrong if this investor decides to buy more than he usually does this time around and if he buys then he would have done so through DCA, buying the DIP and lump sum purchase at the same time since the purchase was done on a regular interval, during a dip and with more money then usual.
For me a situation like this works as a win and should be taken advantage of because at the end of the day the whole investment would have still been done with the investor's discretionary funds with no harm done to his usual way of life.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 02/08/2025, 15:33:54 UTC
⭐ Merited by JayJuanGee (1)
Actually it would be that situational yet not all would be having that kind of financial capacity on which they can be able to buy up whenever the market do make out some correction or dip. Usually they would be having that one time big time buying chance or they would be doing all in rather than on making up some DCA and thats why they would be that waiting for the very deep dip before they do take up actions but the question is, when it would happen? No one really knows yet this market is always been that unpredictable. There's no way that we can be able to tell ahead on what would happen but considering that we've been trying out to become a long term investor then the only thing we can do is to hold up for years and thats why accumulation whenever there's price dip has always been ideal or the best shot that we can be able to take on. Speaking about keeping your fiat money then it would be that indeed having that devaluation on which if you are someone who do think about long term then you do know on what you should gonna do.

Always make it sure that you do make use of the amount on which you can afford to lose or something which is extra. You cant be able to find yourself having that kind of confidence or too much stressful if you do invest into the amount on which you can afford to lose and just that solely focusing on making up profits. You arent thinking about on the risks involved towards it. One reason on why people do hesitate up that much when it comes to DCA is that they are that not confident about into crypto investment or they are just that wanting to see up the deepest price or lets say they are just that being too scared to buy when everyone is that on great fear. It is that very challenging on this time when you do make out such decisions on which you dont even know or sure on what you should gonna because the primary thing that comes up into your head is that the price might even go down lower at the time that you would be buy or making up some entry.
DCAing only makes sense when you are investing in bitcoin since most shitcoins will end up losing value the longer you hodl them as opposed to bitcoin that gains more value the longer an investor HODLs.
I thought you were making some valid points until I saw that you whole write-up was about crypto investments and not just bitcoin but altcoins too, I'm not sure why you are saying all this but advising investor to invest in crypto using the DCA is misleading as they might not understand that you mean bitcoin and not shitcoins so being more specific send the right message.
Plus this is a bitcoin thread, and the discussions here are about bitcoin specifically so we shouldn't derail and start using vague terms like crypto if we are specifically talking about bitcoin.
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Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 02/08/2025, 11:47:47 UTC
Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.
People who still complain about doing something worthwhile like investing in Bitcoin are those who don't have a steady income, so they're more likely to act like that when it comes to buying something, even a well-known and relatively good asset like Bitcoin.
You don't need a steady income to invest in bitcoin, there is a difference between having a source of income and having a steady source of income, steady means at a regular interval and there are many bitcoin investor who don't receive funds at such regular intervals, what's needed to invest in bitcoin is a discretionary income which is what's left behind after all you basic bills have been taken care of, you might be recieving money weekly or monthly, your source of income might not be steady at all like how it is for most contractors, just because their income isn't steady doesn't mean they don't have a source of income at all, so please don't misunderstand the two.
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So, guide such people with brighter ideas so they can realize that buying Bitcoin doesn't require waiting, which ultimately just wastes their time. But if they refuse to listen to your or anyone else's ideas, then just ignore them. Your time is too valuable to waste on people who refuse to accept input from others.
Waiting in bitcoin investment has always been and will always be a waste of valuable time to me especially for lowcoiners and even worse for nocoiners, waiting doesn't serve any practical purpose and only present an investor with lost opportunities when they realise the mistake they have made, advising people is good but if they don't listen then leave them be, experience is the best teacher and when they finally see how much they've lost you won't need to advise them again to not wait and waste time.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 02/08/2025, 11:26:59 UTC
⭐ Merited by JayJuanGee (1)
On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).
Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to,
That is why is advisable to newbies using dollar cost average (DCA) to accumulate bitcoin from the market, and it will allow such newbies to gain access to huge amount of income in the bullish season, I believe we all notice that the price of bitcoin has dropped down to $115k few hours ago which is another opportunity for investors using this Dollar cost average (DCA) to make use of the opportunity in this low price to increase the amount of funds they are using weekly or monthly to accumulate bitcoin, but never you be in a competition with anybody in bitcoin investment because your financial status is different from other investors, invest what you can afford to lose in bitcoin investment which is my advice to newbies.
This is all too contradictory and confusing, Increasing the amount of money used for investing because of a price dip isn't DCAing, it's simply just buying the DIP, buying the dip isn't wrong if you have the discretionary funds necessary to back up the plan, waiting for a dip to happen before you buy is a different story especially for a newbie, for them waiting become a gambling habit pushing them towards trading, i mean if a newbie has to wait for a dip before buying then the chances of that newbie selling once the price goes up becomes very high.
For DCA, increasing your investment depends on whether there had been an increase in your discretionary income and not on whether there has been a bitcoin price dip, please don't confuse the two.
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Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 01/08/2025, 18:12:06 UTC
On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).
Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to, a newbie shouldn't wait for a DIP before buying but if they have enough discretionary income during a dip then they can buy that dip as much as their discretionary income allows
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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 01/08/2025, 11:47:39 UTC
⭐ Merited by JayJuanGee (1)
Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.
absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......
Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try their best. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.
They have always been different classes of people investing in bitcoin, and the amount of money they invest depends on what they have, their discretionary income, the discretionary income of someone can be the entire monthly income of another and this means that not everyone can invest with the same amount of money, so while the amount of money is important, what's more important is how consistent an investor can be, you can invest $100 every week for months, let's say 8 months and still be a better investor than someone who invested $500 every week for 1 month and then stopped because they could not be consistent in their investment.
Instead of bothering with how small our weekly investments are, we should be bothered with making sure we don't fall out of our investment plan, if you can raise your discretionary funds then you can raise your investment along with it, if your discretionary funds can't be raised but remains constant then so too should our investment, stopping to invest when you still have discretionary funds at hand will keep away from building an investment habit.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 30/07/2025, 05:46:27 UTC
And talking about mentally readiness for price fluctuation for new investors, there is need to be investing smaller amounts of money that is being more conservative just as they will be gaining more confidence about the market experience most times is the best teacher.
Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.
A good mindset is necessary to succeed in bitcoin investment but you also need to understand that when a newbie buys in lump sum they are at a higher chance of selling too early due to price fluctuations than why they DCA with the amounts from their discretionary funds after all bitcoin investment should be done with money we can afford to lose, building the mentality to invest for long term isn't always easy especially for newbies, it takes effort and it's even harder when they invest lump sum at a single go and then the price DIPs, a sense of loss will almost definitely set in for a newbie pushing them to want to sell when they should HODL
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Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
ZeroVinsonN
on 29/07/2025, 16:45:06 UTC
You folks shouldn't make it look like investing in bitcoin and investing in crypto isn't diversification because both assets can be converted into cash, but it is just advisable that we diversify into another asset class, such as real estate or selling of commodities, so that we can reduce volatility in our investments, and at some point we can depend on the money we will generate from real estate or selling of commodities to solve our expenses, and it will allow us to hold our bitcoin investment for a very long time because we will not be in a hurry to sell our bitcoin investments since we have multiple streams of income.
My friend investing in crypto and investing in bitcoin isn’t diversification. The fact that you think they’re different is wrong, bitcoin is a type of crypto and when you say crypto I guess you’re saying altcoins and shitcoins. They’re all in the same class just that bitcoin is more stable and is a store of value, it’s the first, and biggest of all cryptos.
So investing in bitcoin and investing in Ethereum or Solana is seen as one kind of investment which is crypto.
Diversification comes in when you invest in a different asset class or industries. A totally different kind of investment from the previous one is what is considered a diversification cause the major aim is to reduce risk and increase your potential returns.
Alot of people fail to realize that bitcoin is also a cryptocurrency, they seem to think it's different from cryptocurrency, bitcoin is basically the first cryptocurrency and every other altcoin that csme after were attempts to make a different version of it, some were even made to surpass bitcoin but they obviously failed in that endeavour as bitcon is still the biggest cryptocurrency out there, what has really set bitcoin aside from other cryptocurrency is it decentralised nature with no bank or government having any influence over it making it also the most secure cryptocurrency so anyone investing in bitcoin is also investing in cryptocurrency, to diversify would be to invest in other altcoins as well while already investing in bitcoin