It is not misleading but a kind of way of reminding everyone that our investment money should be directly proportional to our risk tolerance level, I agree with that profits in Bitcoin is not something gotten by luck or by chance, but when you said it involves the future then it prompt a question, are you 100 percent sure of what the future will become? I know that you will say no but am waiting for your personal opinion on this, it is a bitter truth that Bitcoin is not 100 percent guarantee but however, majority can still find it difficult to accept but what it is what is, bitcon is volatile and hence making the environment to be saturated with uncertainties. It is best you balance your psychology both financially and otherwise.


There are still other investments opportunities not only Bitcoin though Bitcoin happens to be among the best if not the best but it doesn't happen so easily as you said, patient is not enough there must be consistency increasing the size of our holding up to a reasonable amount because the value of we will get depends on what we have and how long we have been holding.

Of course, there is no need of waiting till you have a big discretionary income before starting your bitcoin investment, because waiting is dangerous and nobody knows how much bitcoin price will be tomorrow. As long as you have a discretionary income as little as $10, you are good to go with your bitcoin investment. The important thing is your consistent and persistent regular DCA to keep your bitcoin investment ongoing for 4-10 years and above.

After you have started your bitcoin investment, you can start working on how to improve your income so that when that's achieved, you can increase your weekly DCA amount and if possible invest aggressively. There is power in little beginning. Afterwards, it's better to be a low coiner than a no coiner and DCA method has made investing in bitcoin possible for all. Your bitcoin target should be your major focus and goal.

Surely each guy has complete authority to decide whether to invest into bitcoin, the amount that he invests into bitcoin and the frequency that he invests.  He also has discretion whether to trade his bitcoin and/or to involve himself in shitcoins. 

I think that guys want to discuss how to consider their level of aggressiveness in investing into bitcoin, and they also want to discuss what fits into certain kinds of categories such as lump sum, DCA and/or buying on dips and also other kinds of strategies in order to either help themselves or to help other members to work through various ways that they can approach their bitcoin investment.


Some guys might not be sure how to classify their income or how to get into a practice of strong cashflow management without either talking through these matters and/or putting their own ideas into practice, while at the same time mistakes can end up being made or even their own understanding about how to treat their own income/expenses that might have a lot of variability, they might not be clear about how aggressive that they might be able to be in their investment into bitcoin or if they might end up engaging in overly risky behaviors.


If we cannot learn from the situations of others or even the working through hypotheticals, then we might have troubles recognizing and/or appreciating the extent to which our own system is reasonable in terms of its level of aggressiveness or in terms of our balancing of our own individual factors.

I think that a lot of us participate in this forum in order to bat around ideas and even to figure out the extent to which we might be able to improve our own perspectives and practices in terms of how we might think about our bitcoin, whether we are in the stages of considering how to get started, or how we might accumulate bitcoin and/or even our attempts at considering and framing our bitcoin accumulation goals.

Of course, there are guys who can figure out these matters by themselves and without any reading and/or writing about the topics, so sure maybe those guys find it to be a waste of time to involve themselves in a forum like this.  There are some guys who do not participate very much in the discussions, and surely there are some guys who participate and share some pretty strange ideas, and some of those guys continue to participate and they learn better ways about thinking about BTC, and they learn better ways to accumulate BTC and/or better cashflow management practices.

If we do not talk about amounts and/or percentages, then the ideas might not be specific enough or understandable. Sometimes it can be good to throw in ideas that include the use of numbers or even to express our disagreements in regards to the numbers that other guys propose to be reasonable.

Over the years there have been some guys who have proposed numbers to invest into bitcoin, such as 50% of their income, and other guys have consider those kinds of numbers to be quite unreasonable, even though surely there could be some guys who might be able to make those kinds of numbers work for them.  I frequently like to talk about something like 10% to be a reasonable starting point, yet guys still have to tailor to their own circumstances, and many of us realize that with a mere 10% investment of our income into bitcoin, it will take 10 years for us to have had invested a full year's income into bitcoin, and surely some guys would like to be more aggressive than that, yet they also have to realize that sometimes it can still be difficult to be more aggressive than you are able to be, and so it can take quite a bit of time to build up a bitcoin investment, even if guys might have to struggle to even be able to invest 10% of their income into bitcoin.


Surely there are guys who get distracted by what other members are doing, so for example, if I suggest to start out by trying to invest $100 per week into bitcoin, and some guys are not able to invest at those levels from the start, and other guys $100 per week would be way too whimpy... So sometimes we might have to try to relate with other guys in terms of percentages rather than absolute amounts, but then talking about percentages can sometimes seem too abstract since guys do have to figure out whether they are ready, willing and able to invest into bitcoin based on their own circumstances, yet they also have to figure out what systems they already have in place in terms of whether they have a discretionary income and/or whether they already have good cashflow management practices that might include some emergency fund and/or other kinds of back up funds.

Some guys come to bitcoin while having very strong cashflow management practices, and others might have messy cashflow management practices and even a lot of complications in regards to their outstanding debt that they may have to figure out how to prioritize in the event that they either want to get started adding bitcoin into their investments or to figure out how they want to consider bitcoin in the event that they may have already been dabbling into bitcoin yet they might have had already made prior mistakes with their involvement in bitcoin and/or in shitcoins.

Guys can come to bitcoin with good habits and/or bad habits, yet it seems that the forum, and threads like this one can help guys to be able to better help themselves, and frequently the sharing of some of our experiences and perspectives might be helpful to other guys... which just writing out some of our ideas can sometimes be helpful to improve our ideas and our practices.


Some guys get stuck up on the bad ideas that they need to completely keep coins off of exchanges, yet then they end up screwing themselves if they end up having 100s of transactions with $10 to $50 each, so then to combine all of those transactions in the future, the person ends up having a lot of expenses based on transaction fees, and so it is not ONLY the fee that they exchange charges, yet the size of the UTXO can become unspendable if a bunch of small UTXOs are created.  Guys might not realize that it might be better for them to wait until the withdrawal reaches a certain amount (such as $500 or perhaps greater than 500,000 satoshis or some other reasonable ways of assessing whether and when to withdraw from exchanges into private wallets).


Waiting does not tent to be a good investment strategy, unless you already have a lot of BTC... Of course, you have likely been accumulating BTC since 2016, so perhaps waiting might work for you, even though it still might not be a great strategy if you have not reached enough BTC and you are still considering ways to accumulate more BTC... which accumulation of bitcoin seems to be your stated goal when you are saying that you are considering selling stuff to be able to buy more bitcoin.


Wind_FURY does not ever seem to learn from his past mistakes.  In September/October 2023, he was failing/refusing to buy bitcoin when it was bounding in the mid-to upper $20ks because he was waiting for lower $20ks, which as we know never happened.

Wind_FURY has done this several times, and he thinks that it works to his advantage to fail/refuse to accumulate bitcoin based on his supposed poverty status.. which likely he is making worse by his ongoingly promoting and practicing waiting rather than buying practices.


Wind_FURY already said that his reason for selling the items is so that he can get more bitcoin.  So it is retarded to wait if his goal is to get more bitcoin... but yeah, of course, Wind_FURY can do whatever he likes, even dumb things.


Of course folks can have goals to spend most of their wealth while they are still alive rather than to pass it down, even if they have heirs they might plan to NOT pass much if any of their wealth down to heirs.

And, yes if a person is getting close to an age that he can see that he does not have much longer to live, he might become way more aggressive in regards to spending down the principle of his wealth rather than just living off of the value appreciation of the wealth.   And, surely health issues can be another thing that can justify spending down the principle if treatment might be expensive and/or even if the guy might see that he is likely to have deteriorating health in the future, so it may well be better to spend his money while he is still able to somewhat enjoy it.


Surely, many folks accumulate wealth because they want to be able to enjoy it during their lifetimes, yet they continue to preserve their wealth because they don't want to spend all of their wealth while they are still alive and then live in poverty at the end of their lives... so there tends to be a kind of balance to want to be able to spend from wealth without exhausting it.

Of course, if a person has heirs, then there could be some back up plan that involves that whatever wealth is left would be passed onto the heirs.

Even though some folks say that they are saving for their heirs, that seems a bit of a strange reason to save, yet of course, we still have to recognize/appreciate that people do engage in those kinds of behaviors to want to pass down their wealth, and whether heirs squander wealth or even end up being irresponsible with the wealth they receive might be something that tends to be difficult to control for.  Surely some folks will set up trusts or even businesses that have preexisting mandates, and it may not always be true that  mandates of trusts and/or businesses are honored once the person with the wealth dies.


There should be ways to figure out if we have enough or more than enough... instead of believing that all people are depraved.

It seems a bit of a presumption that everyone wants to have more no matter what.  Sure, some folks act like that, but there are likely folks who figure out that they have enough, especially once they might be getting into the years that they are not necessarily wanting to continue to have to work.

One of the problems with fiat based systems is that fiat debases so much that any of us can make mistakes in regards to figuring out how much is enough.  Bitcoin might not completely be easier, but there seems to be ways that a person can cash out (withdraw) from bitcoin in ways that the bitcoin is growing faster than the rate that it is being withdrawn.


If over the past 9 years, we have a hypothetical guy who is now in his mid-30s who had been earning between $25k and $35k per year, and this guy had been investing $100 per week into bitcoin during those past 9 years, then this guy might start to feel that he has enough bitcoin or even more than enough bitcoin, since he ended up investing $47k and he currently has about 12.2 BTC.  The 200-WMA valuation of 12.2 BTC is $552k and the spot price valuation is about $1 million. 

The guy is pretty easily in a position that he can start to live off of his bitcoin at a rate that is anywhere between $35k and $55k per year, and he could choose to discontinue working now, or perhaps he could choose to continue to build his BTC stash to a bit of a higher amount so that he could start to withdraw at a higher rate, yet he is already in a place to begin to sustainably withdraw from his BTC, it is just a matter of whether he wants to sustain his current lifestyle or to upgrade to higher income status (and if so, how much).

It cannot be a statement that long -term investment is not through purchasing and holding. I believe that the prerequisite for investment is saving, i mean creating a source of income. If we can gather what we need before investing, then we can become investors by buying and holding for the long term. Moreover if you initially think that long-term investing does not involve these issues, then you are still living in a bit of a dilemma.
It is true that Investment strategies can never cause losses from Bitcoin but rather on the lack of timely decisions and the fact that the investment was made for a short term. Everyone know investment strategies can always be different but I think all strategies have one thing in common: they have to last a cycle or two because we historically see Bitcoin revealing its new price in every cycle. To my knowledge bitcoin has completely made history in this 2024 cycle.

Everyone has their own view on it although what you said is true because it all comes back to each person (depending on the finances we have) but in the end in this case I think the focus is not on how much nominal because after all when talking about nominal then in the end this will be different depending on the level of finances we have and our aggressiveness in making investments which in the end becomes a more debatable thing than about nominal issues.

On the other hand, although I quite agree with what you said where we only have to look at ourselves when we want to invest, but on the other hand I don't think it's a problem if we want to study or look at other people as a benchmark. It doesn't mean a benchmark in terms of investment or the amount they do but the investment plan and purchase scheme might be something we can compare so that in the end we are not too confused whether our scheme is off the mark or not. Not that we are too focused on others but of course there must be a comparison so that we are not wrong and are not confused about whether what we are doing is wrong or not in terms of action because for now the fact is that there are still many people who are trapped in investing because of a wrong understanding both in terms of strategy and purchase scheme carried out.

There has to be an updated chart for this one because we've reached a new ATH. Soon, we'd see another one and we don't know when.

But it's a true thing that investing in Bitcoin will not make someone lose if they're going to stay longer as intended. The majority of the long term holders will tell the same thing.

Most of us profited already if we sell but there's no way that many of us are going to sell everything we hold.

There's more to come, there's more to HODL and don't let the temptation get you.

Even if investment has to do with some risk it doesn't make sense for one to just go into any investment without trying to avoid risk. For me I think their are no risk involve in bitcoin if truely you know what you are doing. If you are buying bitcoin to hodl with amount you can afford to lose, no matter the price at which you are buying bitcoin, I don't think you are taking any risk so far as you are targeting to go for a longterm investment.  Risk can be only when you are not sure if you can be able to go for longterm and investing with the money that you  can't afford to invest in bitcoin for the future.

As long as investors treat Bitcoin for the long term, I see no risk except the risk of loss due to hacking. And I personally have never felt any other risk besides that, because to invest in Bitcoin and will get a very large profit will only sell it when the price is very high and feel satisfied with the high price with the existing profit, and as long as you are not satisfied and will hold it longer it will be much better because the profit you get will be much greater. Using money that can afford to lose is actually a good suggestion, but it would be better if it was planned to be increased and still not using important money and making periodic purchases or DCA is the best choice for the future because in the end the Bitcoin owned will accumulate to be large in the long term which will produce large profits too and most importantly have strong confidence and patience in doing so until you reach the point you want.

You just made the whole thing clearer now because at first you didn't made mention of old man having a heart condition. However, if that is the case selling out investment to make other people live happy and enjoy it is not bad and it is a very generous behavior, because not everyone without an heir will be so free to sell out his investment to give people  he don't know or have relation with because they will be so angry and unhappy for not having an heir thereby transferring hatred to innocent people as if they are the cause of there misfortune.

from the way I am seeing Bitcoin there is no time bitcoin will reduce to a point that people will rush and purchase Bitcoin, because people like to invest on Bitcoin when the price is high and they do expect that immediately the invest on bitcoin when the price is high they will also profit immediately, that has been the problem of people, I want to tell them that whenever you have your capital to invest on Bitcoin don't hesitate to invest because the price of Bitcoin never be constant it will always increase and also decreasees so accumulating a Bitcoin should be in the mind of anyone who is there a bitcoin investor, neither the price is increasing or not try to accumulate your Bitcoin one day you profit from doing that, does nobody knew that the price of Bitcoin only increase and also decrease, let us not be hoping to hold bitcoin when the price is increasing, I think that is wrong investment plan on Bitcoin investment.