Topic: Relevant guidelines for reaching specific goals. (Read 315 times)

from my perspective towards cryptocurrency generally there is no a specific kind that is very precious for we to invest in Bitcoin the only thing I know that is important is to have a capital if you have your capital at hand you can invest in Bitcoin and depending the durability of your investment will it determine your chance of making profit through the investment, because the opportunity of Bitcoin increment come unannounced and unaware so making profit in Bitcoin depending the time you invested in Bitcoin because it is obvious that definitely the price of Bitcoin always fluctuate and at a point the price increase out of certain point or it decreases at a certain point so that has been the historical life of Bitcoin right from the beginning it was introduce, investing in Bitcoin have no particular time but in sure you invest with a spare money.

I do not actually understand what you meant. Are you saying that this is bull run,  everyone should try to withdraw their investment profit or you are saying that everyone should try to buy Bitcoin in order to profit in 2025. However, I feel that this is not a good time to buy. Anyone that is buying now should be a strong advocate of a bigger bull run by 2025. But I am very skeptical this might not happen as we think. My only confidence is that on the long run bitcoin will give people massive profits as usual. But you might likely have to wait for the next 4 years or so. But if the United States of America is going to consider bitcoin as their national reserve, that means buying now is the biggest opportunity anyone could have.

What a good advise to take concerning making an investment in bitcoin, however, this period must be taken into serious considerations in other not to be a trap on some investors who will not take time speculating well before jumping into making an investment, once its all about bitcoin, then we have to see to the best timing for it, also to define the type of strategy in consideration, the risk management and the duration for the kind of investment we are going for, some will prefer trading for now within a short time on a daily basis because such is what they could afford on, while others on different choice.

Yeah, it's not a good time to enter but we can't stop those that have money ready to invest and they are free to do it.

With the likes of Microstrategy, they're buying almost at any levels and that is because they're believing that it will continue to move in higher rate.

The big correction will come any time soon and I hope that companies and other buyers like Microstrategy will be able to sustain whatever they have still.

Investment in BTC was a turning point for me, but for everyone, turning points have different meanings for everyone. But it gave me motivation and helped me develop an investment mindset. This mindset is necessary for making long-term profits, or, in other words, we can say passive income. Because with such a mindset, we can invest and can grow our money.

But investing now in the current market can only be profitable if invested for the long term, but if for the short term, we need more capital. DCAing in the BTC is the best method to make good money in the long run. BTC is really setting new heights here as it had made lot of developments and results can be very good too even in 2025.

Lucky are those who never doubted the potentials of bitcoin when its price was still very cheap and there was still no signs to become mainstream. For sure they owned already a huge amount of bitcoin portfolio and would be making massive profits by now if they decide to sell.

Now is not the right time to enter bitcoin investment in all honesty. The higher the price, the bigger risk you have to incur. But pushing through bitcoin investment through DCA would not be too bad. At the end of the day, your money, your rules. You just have to be cautious not to sell your bitcoin at a loss.

I needed help understanding what he wanted to say or what he meant. BTC is constantly changing its shape to make it exciting I have no idea what this is or what source it is from and how he said it. I need clarification on whether he forgot the post's headline or what he was commenting on while posting. Can Bitcoin change its size depending on someone? How is this possible? One must think and comment before commenting. If he makes a comment with no basis, then it is better not to comment. However, I noticed one thing even after mentioning him and asking him, he did not respond.

It doesn't seem easy to create a position in the present time. Because the golden age of creating a position has been lost. For those who have been able to hold it since the price of Bitcoin was low, the present time is golden. We, or the new ones, must be patient to create a position. The market is going through some unstable conditions, we have to wait for it to return to normal. And those who are investing by maintaining DCA are in a different situation. Those investing by maintaining DCA need to look at where the price of BTC has gone. They are continuing their investment. Their only goal is to acquire BTC.

This should be done prior to bitcoin bull run, or most specifically, when the market is still bearish and bitcoin is not that expensive. But as what we keep on saying, no one's late investing in bitcoin, it's just that the bull run is not the perfect timing to start buying and hodling bitcoin.

However, if we can follow DCA strategy, it's proven to lessen the risk buying bitcoin at a high price. But make sure that you know bitcoin investment well and is aware of its volatility, otherwise you will be like others who end up panic selling when btc price drops that leads into selling at a loss.

The truth is, now may not really be the best time for most newbies to invest in bitcoin. We already know why some of them are trooping in, trying to invest. It is because of the recent hype bitcoin is getting as a result of the price increase, so they don't want to miss out. The reason now may not be the best time to invest for these set of people is because most of them seek short term gains, this may likely not come earlier as they expect.  If bitcoin's price eventually corrects or dips before they achieve their goals, everything will eventually lead to regrets. Reason I will not persuade any newbie to invest in bitcoin now, they should take the decision if they are capable of taking the risks.

The bull run is a time that all crypto enthusiasts are happy to be part of and all wishing they’ve stacked enough bitcoin in order to enjoy the big rewards it comes with for early investors. The market will be on a positive trend and that will attract a lot of people to jump into bitcoin and also get to enjoy from this great moment. A lot of people joining due to FOMO may still regret it because of the volatility nature of the market, when they’ve invested and hope for a big profit within a short time or the time they’ve anticipated for, when it doesn’t work out that way, they become discouraged and may even exit the market at a loss. As the bull run is imminent, anyone investing now should picture it for the long run because that’s the only way they can earn big rewards from this.

It is undeniable that the investment strategy with the dca method is the safest strategy and of course profitable for the future. Don't say the price of bitcoin is high because bitcoin will continue to rise until next year so don't be a spectator when the price of bitcoin rises, be part of facing the bull run period. It's never too late to expand bitcoin, make sure you start with funds that don't need to be in a hurry because to make a profit in bitcoin requires patience.

After the halving period of the crypto market until the price continues to rise and is now starting to stabilize, this indicates the right time to buy and wait for 2025. Currently Bitcoin is like a time bomb that is preparing to explode, early next year there will be so many moments, one of which is the inauguration of the American president-elect, so take advantage of that time to make a profit.

generally, you don't wait for the market to get really heated up to this extent before getting the motivation of joining in investing in bitcoin. the ideal best time to invest is usually looked at as the bear season but overtime and looking at the trend of bitcoin, the best time to invest in bitcoin is any moment you have the resource of doing so and if you have the means of doing so at this time, this is the best time to start investing and stay invested for the long run while following up the different market condition.

hopes are already high for where bitcoin will get to from this region and that you have missed out this year and did not invest earlier enough at the start of the year is enough motivation that should push you into investing at the moment and ensure that you gather as much quantity of bitcoin as you can gather at the time it is still relatively low so if the price goes really high, you should have been better positioned before that time.

we speculated at the start of the year that before the end of the year we will get to $100k and here we are already above $100k even when a lot of investing are already gearing up to get started by next year. getting started at this time is definitely never a late entry point because those that have started holding for years back are even still accumulating more bitcoin.

We are hoping that the price of Bitcoin will keep increasing till 2025. But you should also know that nothing is certain. There are predictions that the FEDs might not reduce interest rates in January which could reduce the inflow of investors who want to buy Bitcoin. But there strong indication that big firms and government might keep buying which could drive the price high..

The ideal time to invest in Bitcoin is not in the bull season. I see many novices or newbies rushing to buy Bitcoin because they are seeing the price rising. They wouldn't get the best returns from such short term investment
 DCA remains the most attractive strategy to invest in Bitcoin. Preparations for the next bull run start now..

Who bought bitcoin in the past, long time ago, and managed to hold it till very the end of 2024, can see big profit, but profit is profit if they take it. If they hold bitcoin, they will have to accept volatility in value of their portfolio because Bitcoin will continue its volatile movements.

I believe with these people, holding is not big challenge for them, because they already went through most hardest time, when Bitcoin was weaker in network hashrate, smaller in adoption, and lower in price.

If they don't want to hold for a long time, they can take profit with DCA too. Rather than DCA for entries, they can DCA for take profit, because they can not time the market to get bottom and top, DCA strategy is good for both sides, entry and exit.

Apply it for DCA exit.
https://bitcoindata.science/withdrawal-strategy

To those who keep holding and trust the bitcoin congrats because we are now at the 100k price of the bitcoin, and for sure others would like to get ride with the market so they want to grab the chance to make an entry at least, we know the behavior of the bitcoin that every bullrun after a year there's a following new ATH and even a small amount will be considered as a good return. Now its up to you to make a position, others doing a DCA, others doing a strategical way of making an investment every drop of the market just to make sure they can position once the price of the bitcoin soars again.

What do you mean? Bitcoin has always been sustainable and nothing changed about the network or the protocol per se. The price of bitcoin is rising, institutions want to join the community, mass adoption, et cetera; but that does not mean bitcoin is changing shape like you say, whatever that even means. I can't really grasp the purpose of your topic, you talk about guidelines in your subject, what guidelines?

The market movement some weeks ago was an impressive one and it's actually what so many investors have been waiting and anticipating to see happen and finally they have, I mean we all have seen it with our eyes. It will actually be a nice move to start investing in Bitcoin now that's for those who are yet to start because soon or later the price of Bitcoin will be so high to the point it will be scaring some people to invest in and I thank God for the DCA method because if not for the DCA it would've been very difficult to invest because so people do not have the capacity to buy lump sum and some don't have the strength to wait for dip which my not even dip to the expected price.

Good advice, patience is definitely the most important thing for Bitcoin investing and you can't rush into investing. We have seen that Bitcoin is volatile so the investment should be such that it does not cause us any losses. During the bull season, it is important to conduct investment activities by researching a more self-aware method and considering how you are prepared to participate in the way Bitcoin is changing its pace. During the bull season, I think we can buy Bitcoin from a specific fund and hold it for a long time without rushing. And those who have low incomes should conduct investment activities little by little and adopt a DCA approach in the long term to participate in this bull run.

I agree with you here. Bitcoin is being pushed to break a new ATH at 100k but is not yet prepared to sustain above the 100k margin. When it arrives it will sustain within 105k to 110k for a long time and may experience a more bullish trend in the rest of next year. Well, we are not certain that 2025 will be an up year for Bitcoin but we can be optimistic since it's possible.

In the meantime we can keep stacking more sat because we are still bullish now and 2025.

There is no shame in telling the truth. Bitcoin is undoubtedly an excellent investment, but it cannot change someone's life by making them ultra-rich. That happened with people who got in very early and managed to hold onto their bitcoins long enough to get millions and billions of dollars for it. Things are different now. Bitcoin is worth a lot already, and you can't expect to get 100x or 1000x or something from it within a few years, which is only how one can get wealthy from their investment.

If someone is investing $10k in Bitcoin today and getting $30k after four years, I wouldn't call that a life-changing event because a $20k increase in fours years when the person already was able to invest $10k wouldn't make that big of a difference even if it can be very useful. Even if the person gets $100k after 4 to 5 years, that would still just help them get a few things done in their life that they have always wanted to do but it wouldn't give them enough money to survive their whole life without having to work again.

It's better to have realistic expectations than having dreams that can't be fulfilled.

If you have invested already years or months ago, you will be in the state now of reaping your profits. Bitcoin investment should be plan ahead, and not that where there is bull run, that’s when you decide to start investing, that’s isn’t the perfect timing to enter the market. However, we all have different plans and mindset about bitcoin. Just buy and hold, and do it regularly. Just even try to forget that you have bitcoin in your wallet, and you will be amaze what will be its value years after investing, when you are already ready to sell your bitcoins.

Yesterday was the best time to invest and today is another good time to invest. Bitcoin investment is important especially now bitcoin is within the $100k range because very soon bitcoin will be expensive to the extent that the current $100k price will be a least price compeard to what it will become In the future. But for bitcoin to turn a person life around, it will depend on the level of your investment since bitcoin investment is no a get rich quick scheme .

Don't rush into investing in bitcoin because you are seeing how the price is pumping. You should know that we are in the bull run so you don't do it out of FOMO and think that the price will only keep going up. Bitcoin is not a get rich quick scheme, so don't use the money for your important needs to invest because you are after quick profit. Only use your extra cash to invest in bitcoin so that you can hodli for long and increase the size with DCA overtime. Bitcoin investment is risky and you can run into big loss if you invest in the wrong direction.

It's somehow misleading to say that "Bitcoin is constantly changing its shape to make itself sustainable and exciting". What do you exactly mean by that?

Bitcoin itself doesn't actually change despite the changing narratives about it. Bitcoin actually remains as it is despite external developments like spot Bitcoin ETFs gaining billions and billions in volumes, countries adopting it as a legal tender or as a strategic reserve, its price hitting more than $100,000, the US president speaks in favor of it, and so on.

If investors don't have the thought and believe of Bitcoin market price to increase with the exciting appreciation moments in the future, I don't think if anyone would have the urge to invest on it.

Bitcoin investment has overpassed the era of investors "trying their lucky" if the market movements may eventually give them the chances to make profits but since the market has been tested, of course there is a maximum trust that a lot of amazing moments would be accompanied by it in the future but just matter of time. That is where we derives the speculative opinions of "holding your Bitcoin patiently in time is the key to unlock new phases of the markets productiveness for holders to make profits.

So I don't expect experienced enthusiasts to be taking by surprise of what Bitcoin would bring comes 2025 when the few moments in the last year of 2024 is already reflecting to the outcome of what the 2025 holds.

At this point why should anyone doubt bitcoin, investing is optional but in a situation when people doubt seems unnecessary. What are the plans for investing still depends on an investor aim either long term or short term practice, despite bitcoin growth people fail to understand how and when to invest during the long run. The mindset of buying now so you be a partaker of the next huge benefit is understandable but, the time range should be extended probably beyond a short plan. Bitcoin investment requires continuous accumulation as op mentioned yet the most strategy people consider while buying regularly is the dca secondly other strategies can be considered all this depends on the investor choice.

Such a change in Bitcoin is not at all unimaginable. But yes, it has touched $100k much earlier than we imagined. We had imagined that Bitcoin would be able to touch $100k by early 2025 or late 2024, but with 26 days left in the year, Bitcoin has managed to cross $100k. That surprised me the most. Even Bitcoin had almost touched $100k a few days ago. At least I was not surprised at all for Bitcoin to reach $100k. OP, maybe you did not believe in Bitcoin much or were skeptical about Bitcoin reaching $100k?

As for investing, I would not advise everyone to invest in Bitcoin during such a situation. It may be better for a long-term investor or an educated new investor with a long-term plan to enter this market. It is almost impossible to say which way Bitcoin will go in the next few days. When there is a big pump, we should be wary of the dump. A long-term investor will be out of this discussion. But for a trader or a short-term investor, the investment advice may not be positive. For a skilled trader or a skilled investor, the advice may not be necessary, but for a novice investor, it may be negative advice.

You just sounded like you never believed in Bitcoin before of course no one knows that Bitcoin was going to hit $100k plus this year though some people have speculated that Bitcoin is going to hit $100k soon but they weren't sure the date or year but the potential and the growth of Bitcoin this year is really unimaginable. Anytime you wish to start your Bitcoin investment provided you have all it takes to keep your investment running and growing smoothly with little or no challenge is the right time for that person so saying now is the right time is what I don't believe or agree on because it is still possible that  Bitcoin will or can dip massively because it is a volatile asset and I wonder what you will now say if this happen.

My mantra has always been now is always the best time as you can never come back to meeting bitcoin ta this same price you saw it now but some persons don't consider it that way until they have some sort of first hand experience but for me i think the best time has always been the time you met it because you can be sure you can never get to meet it at that price never again, maybe in the near future it may do some retracements but may never settle below where it has been before if you get to follow up with the bitcoin cycle all this years.

DCA is a very good strategy for investors who invest in a good cryptocurrency, for example, in my opinion, the strongest cryptocurrency is Bitcoin. They can DCA Bitcoin with time, hold their coins, and let their portfolio runs with time. Profit comes because Bitcoin has grown very strongly in it history since 2009 and most of hodling days are profitable days.
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

DCA tool
https://dcabtc.com/

To hold bitcoin safely, don't store bitcoins on centralized platforms, but store your bitcoins in non-custodial and open-source wallets.
https://www.lopp.net/bitcoin-information/recommended-wallets.html
https://bitcoin.org/en/choose-your-wallet

When speaking on the performance of Bitcoin don't also forget that it's a volatile asset. There are seasons for Bitcoin, a bull season, and a bear season.l Which we all know that here. Bitcoin has increases positively in the upward direction in terms of price and can be considered a bull section. We should be blind to realise that we may experceine the opposite next year. 2025. No one can tell the price of Bitcoin in the next few weeks, month or year.

Am not discouraging anyone. Somethings are just meant to be aware of. Howvever, there is a better prospect to look at. Whcih is the idea of investing for a longer period. In time there is always a benefit from Bitcoin.

Doing dca is a profitable method on trading that reduce potential risk. With bitcoin current price, doing dca is the safest approach cause we dont know if were gonna do some pull backs or continue to rain rhe parade with it price discovery. The highest price reaches 104k and thats too high and fast movement. So we can expect some retracement for a healthy market.

Every bitcoin investor has their preferred way of making bitcoin investments and the aim is actually to pick an approach that is both flexible for you and also easy to manage. Take for example one common method some people make use of which is the DCA method where you are basically investing in tiny bits at intervals that at the end of a particular period of time tend to be large when cumulatively summed up.

On the other hand some investors prefer to wait for a suitable pull back in price and then put a huge amount into buying to make sure that the profits are high and they take maximum advantage of the price drop. As goo as it may seem, not many people can actually cope with a huge all in investment and in addition some are scared of it too.

Bitcoin uptrend movement will only be a surprise to those who actually were new to it or those Fuddinng for it not to happen otherwise any bitcoin enthusiasts will definitely have had this prediction of it reaching the $100k price even if the timing might be different, seriously it is not all surprising because it’s clear that after every halving there is always gonna be a bull run and it is simply just following the trend. Right now let those who usdc hold for long enjoy, the full bull run is clearly coming in by 2025.

Yes everytime is the right time for one to invest into bitcoin if only you’re looking at a very long term holding plan and not buying just because it is pumping now. Bitcoin might pump more next year or would not so seek long term before you invest. Furthermore one can also earn bitcoin when they render out services and hold not necessarily buying if it seems high to buy now at least it is a good hold than fiat,

We are still very early. And now that Bitcoin is already mainstream you don't need to try and talk (convince, persuade or whatever word you choose) people into it. Everywhere they are asking, how do I get in? And to prepare and invest for 2025, you don't even need to have any more stored up anywhere specifically for people with low income, you just have to start looking at doing some other things that can pay you in bitcoin. Such as, skills, look for jobs in Web3, do referral and whatever legitimate things young folks do out there. Learn from the if you don't already have the knowledge and in no time, you would have stacked up some Bitcoins for yourself in preparation for $200k.

Bitcoin is constantly changing its shape to make itself sustainable and exciting for a mature time. We can expect this direction to form a major link in 2025. Many may have watched Bitcoin's progress over the past few months in amazement. No one could have imagined that Bitcoin would bring such a radical change. is constantly adding new dimensions to his journey by facing various situations. We can expect that Bitcoin will be able to see a high return to investors in 2025.

I think now is the right time to prepare yourself for Bitcoin investment and regularly carry out investment activities in our routine. We all should participate in this ongoing bull run and share in earning a higher return. So invest in bitcoin regularly it may be a turning point in your life.