some sacrifices have to be made

[bhadz]

I am this thickened heart already that even buying at the top is no longer an issue for me. What I look at is my focus to increase the number of BTC that I want to hold. I cannot avail a lot of it but even with the little that I have, looking at it with better quantity is so much better to my feeling and it's a better achievement for me to take. And that's why buying at the top is part of DCA.

[Celph]

if you have been in the community long enough you know well by now that there are different kinds of investors based on how they handle their coins and how they plan to take profit some people hold their coins indefinitely no matter what they will keep holding their coins some people hold their coins only on definite amount of time and takes profit when they deem the price to be high enough or if they are satisfied with the profit they have made

those people who sell during high prices tend to re-buy when the market dips now we know that there is no fool proof plan in investing and sometimes it happens that we regret our decisions it is not that uncommon for someone to sell at a wrong time aka where the price is not yet at the highest now some people would try to get back on the market and buy when the price is high due to fomo but then the market crashes and its an even bigger loss for them than what they had in the first place

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

I actually dont buy the fact that this part of buying bitcoin to hodl even when its at a higher price isn't meant to be called greed at all.
All these are just particularly imvesstment choices and decisions.Hodling particularly is also part of these as lile you said;peiple trnd to hodl indefinitely to any particular period.
  If for example i choose to buy bitcoin right mow even at its booming price as of current;it wont entirely be a bad idea or a factor of greed;its all to bring back profit for myself even if its not so much.I might even decide to hodl as long as i want and would expect a whole lot more profit.the thing is that ;all these are the basis of investments;choices.

[ajiz138]

That's what I mean, now there are so many people who jump into the world of investment or trading without knowing what they are actually doing. They just see other people's success, then they try it.

They should have found out what they were actually going to do in its entirety at the beginning. But it's not too late for them to learn even if they take the wrong steps at the beginning.

These sets of people can incur much lose because they solely rely on other people success stories and jumps into invest, usually it's actually bad to go into investments without having the pre knowledge of they are doing.
Every investors must know the reason for their investments before going into that investment, if not properly studied it could leads to several losses. As I know it's important to know what they investing than just investing due to the success stories they had from other people.

For reasons, I think the main goal is to make a profit. But to strengthen that reason, we must know something that must be known at the beginning, which is in-depth knowledge of crypto.

If the reason without knowledge is the same as an unreasonable reason. Whatever we are going to do, must have a reason, the point is a reasonable reason.

[SmartGold01]

That's what I mean, now there are so many people who jump into the world of investment or trading without knowing what they are actually doing. They just see other people's success, then they try it.

They should have found out what they were actually going to do in its entirety at the beginning. But it's not too late for them to learn even if they take the wrong steps at the beginning.

These sets of people can incur much lose because they solely rely on other people success stories and jumps into invest, usually it's actually bad to go into investments without having the pre knowledge of they are doing.
Every investors must know the reason for their investments before going into that investment, if not properly studied it could leads to several losses. As I know it's important to know what they investing than just investing due to the success stories they had from other people.

For reasons, I think the main goal is to make a profit. But to strengthen that reason, we must know something that must be known at the beginning, which is in-depth knowledge of crypto.

If the reason without knowledge is the same as an unreasonable reason. Whatever we are going to do, must have a reason, the point is a reasonable reason.

Yes that is why is important to have a pre-knowledge of what we are doing than just jumping into what we don't have any idea of it, yes I can say that some people doesn't really care about the in-depth knowledge, but as soon as they found their into the investments they are already secured but with time they starts facing some difficulties due to their ignorance and lack of knowledge towards what they ventured into. It's always advisable to have it stick into our minds to avoid unrealistic loses or expenses.

[taufik123]

Yes that is why is important to have a pre-knowledge of what we are doing than just jumping into what we don't have any idea of it, yes I can say that some people doesn't really care about the in-depth knowledge, but as soon as they found their into the investments they are already secured but with time they starts facing some difficulties due to their ignorance and lack of knowledge towards what they ventured into. It's always advisable to have it stick into our minds to avoid unrealistic loses or expenses.

Interested in an investment, of course, you must also know how the basic knowledge needed for the investment is.
Sometimes ordinary people just follow the advice given by others without knowing how the investment works.

They do not have the necessary prior knowledge so it will be easy to lose the investment and do not know how to strategize to develop the investment.

They can't avoid losses and unrealistic ones as long as they don't know how the initial knowledge is needed.

[ajiz138]

For reasons, I think the main goal is to make a profit. But to strengthen that reason, we must know something that must be known at the beginning, which is in-depth knowledge of crypto.

If the reason without knowledge is the same as an unreasonable reason. Whatever we are going to do, must have a reason, the point is a reasonable reason.

Yes that is why is important to have a pre-knowledge of what we are doing than just jumping into what we don't have any idea of it, yes I can say that some people doesn't really care about the in-depth knowledge, but as soon as they found their into the investments they are already secured but with time they starts facing some difficulties due to their ignorance and lack of knowledge towards what they ventured into. It's always advisable to have it stick into our minds to avoid unrealistic loses or expenses.

If at the beginning, I still think it is a normal thing, because at the beginning we may know where to start, and sometimes we only look at something positive, in this case it is profit. But I can't tolerate it if it is done by someone who is experienced, because it would be very strange.

But I am sure someone who is experienced will not be so careless as to do things like this. With the experience they have, they must know what is right and what is wrong.

[SmartGold01]

For reasons, I think the main goal is to make a profit. But to strengthen that reason, we must know something that must be known at the beginning, which is in-depth knowledge of crypto.

If the reason without knowledge is the same as an unreasonable reason. Whatever we are going to do, must have a reason, the point is a reasonable reason.

Yes that is why is important to have a pre-knowledge of what we are doing than just jumping into what we don't have any idea of it, yes I can say that some people doesn't really care about the in-depth knowledge, but as soon as they found their into the investments they are already secured but with time they starts facing some difficulties due to their ignorance and lack of knowledge towards what they ventured into. It's always advisable to have it stick into our minds to avoid unrealistic loses or expenses.

If at the beginning, I still think it is a normal thing, because at the beginning we may know where to start, and sometimes we only look at something positive, in this case it is profit. But I can't tolerate it if it is done by someone who is experienced, because it would be very strange.

But I am sure someone who is experienced will not be so careless as to do things like this. With the experience they have, they must know what is right and what is wrong.

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

[milewilda]

For reasons, I think the main goal is to make a profit. But to strengthen that reason, we must know something that must be known at the beginning, which is in-depth knowledge of crypto.

If the reason without knowledge is the same as an unreasonable reason. Whatever we are going to do, must have a reason, the point is a reasonable reason.

Yes that is why is important to have a pre-knowledge of what we are doing than just jumping into what we don't have any idea of it, yes I can say that some people doesn't really care about the in-depth knowledge, but as soon as they found their into the investments they are already secured but with time they starts facing some difficulties due to their ignorance and lack of knowledge towards what they ventured into. It's always advisable to have it stick into our minds to avoid unrealistic loses or expenses.

If at the beginning, I still think it is a normal thing, because at the beginning we may know where to start, and sometimes we only look at something positive, in this case it is profit. But I can't tolerate it if it is done by someone who is experienced, because it would be very strange.

But I am sure someone who is experienced will not be so careless as to do things like this. With the experience they have, they must know what is right and what is wrong.

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

Its always been that basing up into actual experience because at the time that you do have that actual experience and dealing up with things then you do able to learn and having those mistakes or errors is inevitable and this is why you do need up to learn on what you have been able to encounter. There are ones who do been able to make out such adjustment and apply up these learnings and there are ones who do just simply quit and stop at the time that they will be able to encounter some small problems and never look back. This is where we can be able to see that difference in between to these people who are really that mindful on taking up this career seriously and to those people who do easily give up.

[SmartGold01]

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

Its always been that basing up into actual experience because at the time that you do have that actual experience and dealing up with things then you do able to learn and having those mistakes or errors is inevitable and this is why you do need up to learn on what you have been able to encounter. There are ones who do been able to make out such adjustment and apply up these learnings and there are ones who do just simply quit and stop at the time that they will be able to encounter some small problems and never look back. This is where we can be able to see that difference in between to these people who are really that mindful on taking up this career seriously and to those people who do easily give up.

You know during learning process there are things we might be facing which is a challenging moments for us, as we are on the process learning it we might feels that quitting could be next options but when you bring that patient and that determinant to hold yourself to learn everything it turns to experiences and these experience are things that gives you solid foundation to be able to manage your risk and becomes successful with your investments or trading.

[tequilla_sunset]

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

Experience comes from practise.
Only having bad investments or positions would teach a person how things should not be done accordingly.
And afterward, it would go easier from there.

[SmartGold01]

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

Experience comes from practise.
Only having bad investments or positions would teach a person how things should not be done accordingly.
And afterward, it would go easier from there.

Sometimes those bad investment and position are things that are teaching us how to be very mindful with out investment, and investment that doesn't involves looses would not creates additional learning or studies. When an investors loses the first time it makes them to be proactive to understand the kind of investment they should involved themselves for the second time.

[Bobcrypto]

This is my third cycle, I've been here since 2017 and I've been through 2 big crashes, I've lost Bitcoin on an exchange, I've seen my portfolio fall by 90%, so I think I've passed the sacrifice part hehehe 

Today with Bitcoin I have a good part that I'll keep on hold for years to come
A small part I can use to get more satoshis, but with caution
It's very difficult to hit the top or the bottom. We saw what happened to those who waited for BTC to fall to 12k before buying back in a few months ago.

In 2018, Bitcoin had the worst bear run that lasted to 2020, about a year and few months. In facts, may people who invested on altcoins had their coin/tokens almost fall to zero, unfortunately, because of fear, some sold their coins/tokens just to cut losses.
As you might have observed on some businesses, there are people that has the capacity to hold without being emotional, and today, those who stick to their long term plans, despite the insinuation that bitcoin might crashes to Zero, these long term holders are currently reaping huge returns.

In facts, i am holding for whatever conditions that may occur, having learnt from the experience of the bear run in 2018.

[Bobcrypto]

This is my third cycle, I've been here since 2017 and I've been through 2 big crashes, I've lost Bitcoin on an exchange, I've seen my portfolio fall by 90%, so I think I've passed the sacrifice part hehehe 

Today with Bitcoin I have a good part that I'll keep on hold for years to come
A small part I can use to get more satoshis, but with caution
It's very difficult to hit the top or the bottom. We saw what happened to those who waited for BTC to fall to 12k before buying back in a few months ago.

In 2018, Bitcoin had the worst bear run that lasted to 2020, about a year and few months. In facts, may people who invested on altcoins had their coin/tokens almost fall to zero, unfortunately, because of fear, some sold their coins/tokens just to cut losses.
As you might have observed on some businesses, there are people that has the capacity to hold without being emotional, and today, those who stick to their long term plans, despite the insinuation that bitcoin might crashes to Zero, these long term holders are currently reaping huge returns.

In facts, i am holding for whatever conditions that may occur, having learnt from the experience of the bear run in 2018.

[ajiz138]

If at the beginning, I still think it is a normal thing, because at the beginning we may know where to start, and sometimes we only look at something positive, in this case it is profit. But I can't tolerate it if it is done by someone who is experienced, because it would be very strange.

But I am sure someone who is experienced will not be so careless as to do things like this. With the experience they have, they must know what is right and what is wrong.

Having experience in all we do is always the solid key to financial success towards investment. Experience on investment we know plays an epical role to guide and shield them from bad investment, it's always important to be that active and selective towards any coin that is not directly related to bitcoin.

Yes, that is one of the important factors to make us achieve great success for the future. Experience will help us a lot, and maybe in the future experience will be something that can prevent us from entering the wrong hole.

For example, when we have been able to achieve financial success. Well, with experience we can maintain it. Because some people have to fall again when they are successful.

[bitcoin-shark]

The altcoin market is cyclical, going up and down at more or less regular periods, buying bitcoin at a perhaps high price is always a good investment because in the future its value can only grow