I largely agree with you Futurexxx, yet I think that you are limiting yourself in regards to how you are thinking about how a person might come to assessing himself as reaching overaccumulation status..., since he could get money from income, but he also could have other investments that he reallocates into bitcoin.

If we might consider that a guy might have a standard of living that he would like to achieve without working - maybe he wants to make the same as he is already making (and while working or maybe he wants to increase his current income, such as doubling it) so then he might have a goal of what he wants his annual income to be from his investment.  It gives him guidelines in terms of what he is trying to achieve and also goals in terms of how much of that value he has put  into bitcoin -= including what the bitcoin is worth, which I agree with you that there is likely a time element, we are not just going to put the money into bitcoin and then withdraw it without allowing the holdings to appreciate in value.

I frequently like to think in terms of how many years of income have I put into the investment and then how many years of income is the investment worth... so then if we get the investment up to a point that its worth 10x the 200-WMA value, then that would be entry-level fuck you status (at least from my way of assessing it).

So accordingly, in normal circumstances it would take a guy 10 years to reach 1 year of his income if he is investing 10% of his income per year... yet if a guy is investing at higher rates and/or drawing from other sources, he could get to 1, 2, 3 or even more years of his income invested into bitcoin by reallocating from the other investments into bitcoin.. so then if he gets larger amounts into bitcoin earlier, then he is in a much better place if the BTC price goes up after he had already gotten a good position into bitcoin.

We cannot work out all of the various scenarios, even though I would posture that there is a difference if a guy is able to invest higher levels of his income - even though each of us have to work within our own circumstances and options, and surely any guys who have been successfully investing for 4-10 years or more, even before they got into bitcoin, they are going to have more options based on their already having had built up investment funds that are not ONLY dependent on their regular income... and none of us has to be rich in order to get to a status in which we have already spent years building up our investments prior to coming to bitcoin and even when we come to bitcoin we may well be wanting to continue to build up our investment and add bitcoin in the mix, yet we have more options based on our having had built up other investments that we may or may not choose to put some or all of it into bitcoin.. and even if we don't put the other investment in bitcoin, the other investments will add to the resources that we have available to us in regards to how we think about and carry out our investment into bitcoin.


Maybe you should just admit that you have no fucking clue how to attempt to help a person who is 60 years old in terms of how he might include bitcoin as part of his financial planning in the event that he is thinking that we would be 70 years old in 10 years from now.

The first time around, you seemed to say that he should sell whatever bitcoin that he had in order to live his life, which is nearly retarded to presume that he would have any bitcoin, so if we might try to be realistic about the guy not having any bitcoin, then what should he do?  get into bitcoin or ignore bitcoin? 

You may well have no fucking clue since you do not know how to think incrementally.. .and you ONLY think about dips that may or may not happen, so you don't know how to get into bitcoin or to plan for bitcoin because you are overly focused on the price and you are currently thinking that bitcoin is overly priced.


Of course people can do whatever they like, yet to me it seems that just focusing on buying bitcoin no matter the price is good for the first 4-10 years, and sure if a person is able to invest more aggressively, then he might be able to change his strategy of accumulation and be informed of what to do based on his situation and how much bitcoin he had been able to accumulate in his years of accumulating them.


There is nothing wrong with having goals, yet I doubt that we are locked into the goals that we set in the beginning, and as we are investing, we should be studying ourselves and studying bitcoin too.. .so we would likely hone our tactics and even our goals in accordance to both our learnings and also in regards to whether we had been able to execute plans that we had in the beginning.

I know that you get so excited about just buying some certain quantity of bitcoin (as a lump sum) and then just seeing where that takes you, yet I believe that bitcoin is a lifetime investment, not only in terms of the initial amount that we put into it, but that we likely would be justified to continue to put time value and energy into bitcoin through the years.  Surely I understand that others are afraid to put time, value and energy into bitcoin, so they just lump sum into it and then hope it does well.. I don't agree with that approach, even though i know guys do that and they believe in that kind of an approach to bitcoin.


You have ONLY been registered on the forum since April 2024, which may well mean that you ONLY have around a year and a half in bitcoin, unless you had already been in bitcoin prior to your forum registration date.

I doubt that you need to be fucking around figuring out whether or not there is more dip, yet of course, I don't know your financial situation, even though frequently it takes a while to build up a bitcoin investment, unless you were able to front load your investment into bitcoin, yet still BTC prices had largely been at least in their $50ks and higher since early 2024, so I don't see how you would necessarily be stopping in your accumulation.. but who knows?   Guys have their ideas (and sometimes wrong ideas) about how much bitcoin they think is enough or more than enough.


Even a guy who front loaded his investment would have a certain quantity of bitcoin that he had bought at a certain price.. so then the amount of bitcoin that he already had accumulated could affect what he does next and if he is still buying or not.. .


Bitcoin does not have to surge to seven digits for people to be advantaged by investing into bitcoin and/or for bitcoin to be a good place to allocate time, energy and value..

You too, you are equally wrong here, you don't invest in Bitcoin with your savings. You invest in it with your discretionary income, money left after all basic needs have been met, so that if your Bitcoin investment didn't go as planned, you will not be contemplating suicide since it is a money you can afford to lose, or are you trying to say that you can afford losing your savings?

A Bitcoin investor needs discretionary income to invest consistently and while starting his bitcoin investment and accumulation process, he might start making provisions for emergency funds alongside it, so as to be prepared for any emergencies that may arise during that early stage of your investment journey.

Then along the line, when you have seen that your emergency funds is big enough to sustain you and your investment for like three months period if something like loss of job or any emergencies, you might stop adding more money to it and channel that money to invest in Bitcoin aggressively.
That is pure gambling or I will say the person is foolish.
Before you can start thinking of investing in Bitcoin, you must be capable of taking care of your basic needs, because if you can't take care of them, the possibility of tempering or selling everything off just to take care of yourself and your basic needs are very high if you went ahead and invest without having a discretionary income.

What makes you feel that he's wrong. People that don't have the idea of investing can save their discretionary because they don't need it. This is the reason why you are advised not to save fiat in the bank but use it to buy bitcoin because fiat depreciates and bitcoin is the opposite. However, it's not compulsory that your discretionary funds must come from your income.

I could remember when I don't have the idea of bitcoin or investing my discretionary income, I save it in the bank and just keep piling it up hoping to use it to buy something very expensive in future like a land. But now, I am buying bitcoin and no longer saving in the bank.


It depends on the kind of struggling. If you're struggling to meet up with your basic needs and gat no discretionary income, you cannot invest in bitcoin. But if you're struggling for the sake of having a discretionary income because you have the confidence in bitcoin then, it worth it. You mustn't wait to be rich or be comfortable before you can have a discretionary income and invest in bitcoin.

To get the full details of the conversation you need to read the entire post made by @Comeacross, read my response to the post and then decide for yourself if I am wrong or you are the person jumping in a discussion you have no idea about. I understand what your saying but it is totally off point from the ongoing discuss. I will appreciate if you read the post from the origin and then decide if I am wrong with my response to his post. Don't just read posts and respond like newbies.

I understand and agree with you that it is reasonable to have a stable income before investing in Bitcoin, but the idea of having a complete emergency fund first can be controversial. It is true that emergencies are unpredictable, so waiting until you have a complete emergency fund saved up can delay your investment even more. You are also right that saving for emergencies and investing gradually can be a wise and balanced approach. Because despite the fluctuations in the price of Bitcoin, it is increasing gradually and will increase further in the future, it is fairly certain that if someone starts investing now, they will not get the same price in the future as they are getting.

However, the reason why many people advise having an emergency fund first is so that if something unexpected happens, you will not be forced to sell your Bitcoin during a market crash. There will be less stress on you. Any investor wants to minimize his risk in investing, so he thinks about investing after creating a certain amount. Because people are afraid to take risks with money, and many make wrong decisions while sitting in uncertainty.  Ultimately, both sides are reasonable. It all depends on your financial situation and how much risk you can handle.

Whatever approach you follow when it comes to investing, you first need to consider your own financial situation and have self-control so that you can remain calm even when the situation is unfavorable.

You don't understand. Because we don't need a stable income to invest, what we need is a source of discretionary income. If a person can get $10 weekly or monthly discretionary income, then he can invest. A person who doesn't have a stable income can easily get a discretionary income through proper financial management and continue investing. If you wait for a stable income source to invest, then if you don't get a stable income source, you can't invest. So without waiting, get a discretionary income through proper financial management and start investing.


A person should never wait to invest for an emergency fund. Because a person can create an emergency fund along with investing. If a person waits to invest to create an emergency fund, then he can miss out on the opportunity to buy. If a person's discretionary income is $50, then he can invest $30 and keep $20 for an emergency fund. If he invests in this way, if he faces any kind of financial crisis, he will be able to cope to some extent. By investing in this way, he is not missing out on buying opportunities and is not falling behind in his portfolio building goals.

No! That's not the point the poster(Sonia) was making. You just copied a line and began to write all these without reading completely to get the information, and I think it's wrong of you to do that. That's miss information or misinterpretation.

Sonia did not mean that long term holders of Bitcoin has nothing to do with volatility, but what she/he meant in that statement, if you read properly and continuously, is that Bitcoin accumulation is best to buy and Hodl for long term, and that if you are able to be buying and Hodling for long term, when the market begins to shake(up and down down movement, it's volatile nature), that such investor wouldn be bothered at all with such volatility because he already has a long term investment goal in mind and will just keep accumulating consistently, and that's just it. That's why the DCA strategy is always the best, because if an investor makes use of the DCA and is consistent using his discretionary, then Dips wouldn't be a pressure on him that much to think of awlliyor trading his assets but rather just keep up with his constant buys because he knows that the real value is in long term Hodling

The price of Bitcoin will always fluctuate, this is a very natural thing. But if someone cannot accept this fluctuation in the price of Bitcoin or becomes too panicky, it does not mean that he will not be able to move forward with Bitcoin. Everyone has some problems with price volatility at first, but with time, experience increases and understanding of the market increases, then this kind of short-term thinking can be overcome. But if someone is afraid at first and does not move towards Bitcoin, then he will remain a no-coiner for the rest of his life. Those who are new should start investing with relatively small money so as not to be too mentally broken, even if the price continues to fall, as experience increases, the possibility of making mistakes in the future will decrease.

What you are saying is also true that you do not need a stable income for investment, just a small amount of extra money that will not affect your financial situation badly. You can invest some of it and save some for emergencies so that you do not miss out on good opportunities. But you cannot ignore the fact that we all have different lives, even if our income is the same, our situations are different. I wanted to say that two people who earn the same amount can never invest in the same way because they have their own limitations. I am not denying that the method you mentioned is certainly effective but it is also worth noting that since everyone's situation is not the same, not everyone's thinking about investing will be the same. A group of people may think that investing without a stable income can be risky because later. They may need that money at any time. So they think it is safer to create an emergency fund first and have a stable income before starting investing. Not everyone can do it even if they want to invest because strategic investments can reduce your risk but you are not completely safe from risk and not everyone is willing to take risks. Everyone never thinks the same way.