Buy Buy Buy or Sell Sell Sell?

[Wakate]

[edited out]

Buying bitcoin to hold for a long time is the most of all because it comes with lesser risk compared to other forms if investment and trading, all it may requires form us is to understand and have the ability of knowing the best time to buy and for how long to hold before selling, by doing this, we may eventually ended not being out of moves, because we are already standing on a right position as we hold, but some don't have the knowledge of why they must do this and avoid doing other things, because the main purpose for us to invest is with the intention of making profits, but the real fact is that not everyone investing are getting it right to making the profit.

You, Doan9269, seem to be describing a trader mindset rather than an investor mindset, since with an investment that might be a timeline that is 4-10 years or longer, and yeah, perhaps 10 years or longer is a better way of thinking about it since the lower timelines of 4-10 years might only have legitimate reasons to get out of the investment for health and/or age reasons.. Otherwise maybe 4-10 years might be considered to be bordering on trading rather than investing..  since an investor might take many years to establish a bitcoin position, maybe even 1-2 cycles just to establish a position, and then maybe if the investor takes 2 cycles to establish a position, he might spend 1 cycle waiting before transitioning into sustainable withdrawal stage...  That would add up to 3 cycles in total, which may well bring many investors to needing to plan 12 years or longer for their bitcoin investment.  

Perhaps, Doan9269 have express his idea about investing in the shortest means which many traders would see as an opportunity to make money from the market instead of buy to hold for a long period of time before ever thinking of selling. This is a big mistakes many of us had made in the market and we need to quit such an attitude which can jeopardize the opportunity to make huge profits from the market over a long period of time than scanning the crypto market to look for when to buy so that one can make quick profits which doesn't make a logical sense when it comes to investment.

Some crypto traders still have that misconception that they are investors when it's obvious that they are typical traders who want to take advantage in the market for a quick profit. They are always looking for opportunities to buy low so that they can sell their holdings once the price of Bitcoin starts going up. Sometimes they might be lucky to take profits at 10% or 15% bull when they are supposed to hold without being too emotional to make quick money.

Profits might not be a central point of concern for a longer term investor, and they might even be assumed the profits to be down the road, even though they are not necessarily thinking about profits during the short term, and over that longer period of time, the value of the BTC holdings may well have had compounded several times (meaning doubled in value upon itself several times over the period of the investment.. so in that sense profits might be assumed to be likely, even though not guaranteed).

Maybe I would have to rephrase it like this, "making quick profit is not the central concern for a long term investor" since there is a prospective strategy for making huge profits from the market which is holding.
This reminds me of a verse in the Bible; Matthew 16:25. It's talks about what it entails by saving your life and losing it.
This is relate like a simple illustration about investing which means, if you have the intention to make profits from the market, you might not be able to achieve adequate profit by scanning the market looking for a quick opportunity to buy so you can sell after few days or weeks but if you decide to hold for years, you could be surprised of the huge profit you are going to make from the market.

[red4slash]

As long as we are able and can balance it with the income we have, why not? There is nothing that prohibits us from aggressively buying bitcoin, in fact it can be a pretty good thing, it just needs to be underlined that in this case we have to see whether we can minimize the risk or not because this is clearly closely related to our financial condition.

If we really can't balance it, it might be better not to do it, but when we can balance the income we get, the expenses we make and of course the investment, then I think there is no problem, in fact it will be a pretty good thing because we have the potential to get more bitcoins.

I personally want to do that but I realize that my financial condition is not good enough to handle aggressive purchases because I also have many needs so I don't do it, but that doesn't mean we shouldn't make aggressive purchases because as long as we can, do it.

Therefore we must be able to balance our income, at least there is a fixed monthly salary so we can still invest normally or aggressively depending on how our own expenses are managed.

Because I myself cannot force it when it cannot balance with monthly income, investing as usual does not need to be aggressive, it's just that we usually always have a monthly incentive, so that is what is used to buy bitcoin, so it can be said to be a little more aggressive in purchasing bitcoin.

Sometimes I am the same, sometimes monthly expenses are not decisive, therefore every time I get an incentive from the office, it is specifically for buying bitcoin, while monthly expenses can still be covered by salary.

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

As I said before, there is no prohibition whatsoever and from anyone to be aggressive because it is allowed as long as we can minimize the risk and pay attention to our financial condition. As long as you are able to be aggressive why not because no one can forbid you from doing that when we are able but again what are our qualifications like, if indeed we are still tight in terms of the finances we have why force ourselves to be aggressive because it can harm ourselves, but when we do have more finances it is not wrong to take a more aggressive approach as long as we understand the risks.

It does not mean that in this case we are not allowed to DCA because it is also one of the good purchasing methods but in the end we cannot force our will as if DCA is the only method of collecting bitcoins and everyone has to do it, the concept is not like that, my friend.

Any form of purchase or collection of bitcoins with any strategy or method as long as it is in accordance with the finances we have, everything can be done and we do not have to tie ourselves to just one method, as long as we are ready with all the consequences and of course financial security from the income we have and the expenses we make and the investment which is the main point in this case can be balanced, then everything can be done.

[JayJuanGee]

This part is true... A person needs to be invested into bitcoin in order to profit from its likely future appreciation, and even though it is not guaranteed that bitcoin will go up in value, it still seems to be a pretty good bet that it is more likely to go up rather than down, especially if our plan is to hold it for at least 4-10 years or more.  Another thing is that there are other possible places to hold the value, and surely cash is more likely to continue to be debased and to therefore go down in purchasing power, yet at the same time, some folks might be lured into various other places to invest besides bitcoin, so it may well be a worthy cause to study bitcoin while investing into it in order to hopefully gain confidence about bitcoin being amongst the best of places (if not the best?) to put value, even though it is not guaranteed that it will go up in value... it is still a good asymmetric bet which means that if you do not employ leverage, then the most that you could lose is 100%, but there is also great upside potential, too.

I thought about it, I used to deposit a specific amount in the bank as Fixed DPS before and the funny thing is that after a few years, the inflation has been much higher than the profit I am getting from that bank DPS.

For example, what I could buy for 5 dollars then, now it is not possible even for 10 dollars.

On the other hand, if we compare the price of Bitcoin, then in a certain cycle of time it gets a bear season and the price decreases by more than 70% but the interesting thing is that every time its price decreases in the bear season, the minimum is much higher than the bear all time low price of each season.
And besides, if we talk about the bull season, then in this case the fund brings several times more profit. Which we cannot even imagine as an interest from the bank.

So in my opinion, instead of making a fixed deposit in our bank, we invest in Bitcoin with a fixed deposit strategy for the long term, which will not inflate our assets.

And besides, if someone can hold Bitcoin for the long term, at least 8 years, I believe they will definitely be profitable. The logic is here so simple, after the 8years the earth population won't gonna same and as well these 21millions will have more adopter and as well that will increase the demand and demand will increase the price automatically 

Well, even if you had made some mistakes in your 8 years on the forum, and if you had not accumulated enough BTC in the past 8 years, you are still advantaged to be getting started and getting more serious about accumulating bitcoin... so yeah, your dollars and your fiat or going to be losing value way faster than you can stack it and it becomes quite difficult to earn any returns on the dollars that you save, and even if you can figure out some places to put your dollars to try to earn some returns...

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Another thing is that if the value kept in bitcoin builds up, then there is also some importance in trying to make sure that the value is safe and that third parties are not able to interfere with it... so there are likely benefits in for normies to learn how to maintain their private keys and to safeguard such keys with back ups, too.

[bitzizzix]

As long as we are able and can balance it with the income we have, why not? There is nothing that prohibits us from aggressively buying bitcoin, in fact it can be a pretty good thing, it just needs to be underlined that in this case we have to see whether we can minimize the risk or not because this is clearly closely related to our financial condition.

If we really can't balance it, it might be better not to do it, but when we can balance the income we get, the expenses we make and of course the investment, then I think there is no problem, in fact it will be a pretty good thing because we have the potential to get more bitcoins.

I personally want to do that but I realize that my financial condition is not good enough to handle aggressive purchases because I also have many needs so I don't do it, but that doesn't mean we shouldn't make aggressive purchases because as long as we can, do it.

Therefore we must be able to balance our income, at least there is a fixed monthly salary so we can still invest normally or aggressively depending on how our own expenses are managed.

Because I myself cannot force it when it cannot balance with monthly income, investing as usual does not need to be aggressive, it's just that we usually always have a monthly incentive, so that is what is used to buy bitcoin, so it can be said to be a little more aggressive in purchasing bitcoin.

Sometimes I am the same, sometimes monthly expenses are not decisive, therefore every time I get an incentive from the office, it is specifically for buying bitcoin, while monthly expenses can still be covered by salary.

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

As I said before, there is no prohibition whatsoever and from anyone to be aggressive because it is allowed as long as we can minimize the risk and pay attention to our financial condition. As long as you are able to be aggressive why not because no one can forbid you from doing that when we are able but again what are our qualifications like, if indeed we are still tight in terms of the finances we have why force ourselves to be aggressive because it can harm ourselves, but when we do have more finances it is not wrong to take a more aggressive approach as long as we understand the risks.

It does not mean that in this case we are not allowed to DCA because it is also one of the good purchasing methods but in the end we cannot force our will as if DCA is the only method of collecting bitcoins and everyone has to do it, the concept is not like that, my friend.

Any form of purchase or collection of bitcoins with any strategy or method as long as it is in accordance with the finances we have, everything can be done and we do not have to tie ourselves to just one method, as long as we are ready with all the consequences and of course financial security from the income we have and the expenses we make and the investment which is the main point in this case can be balanced, then everything can be done.

In short, if you know what investment is, then you will understand the importance of DCA and also the importance of adjusting it to our income which must be done carefully and on target. Investment is different from trading which does not require you to make aggressive purchases or buy in large amounts at once, all forms of investment must be done for the long term and this long term provides an opportunity or opportunity for us to make purchases routinely consistently and in accordance with our abilities and travel goals so that the investment made runs well without any worry because you are using discretionary money. So being aggressive is not required and also does not have to be forced because if you continue to make purchases routinely as long as it is not done carelessly until the profit you want is achieved, then the profit you get will be the same as the profit obtained by people who make aggressive purchases because what determines the results is how long you do it and also consistently. Everything that is conveyed here is good and for the good so as not to lose and regret, especially aggressive purchases using emergency funds or reserves and this must be considered carefully because there are unpleasant consequences that must be accepted when you really need it and it has the potential to destroy your investment.

[Promocodeudo]

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

Buddy if any investor has all that are needed to be aggressive in acumulating Bitcoin, I don't see anything wrong with that after all such investing is doing it to get more stack of Bitcoin as fast as possible, what I don't support is being unnecessarily aggressive when such investor knows that he is just doing morethan he can do, it is advisable for any Bitcoin investor to invest smartly without putting much pressure on oneself, buddy I agree that it's very much excellent for one to keep investing in Bitcoin consistently yea but people fail to understand that consistency is not really about using huge amount to invest in Bitcoin continuously, it just mean using an amount you can afford to invest in Bitcoin steadily and may be you can increase your acumulation rate as soon as you've an increased income.

Mate I agree that the more funds you're able to invest with, the more fractions of Bitcoin you'll have in your portfolio but that doesn't mean you should do more than yourself, the reason for DCA is for everyone to be part of the investment irrespective of their financial status, so it is better for us to keep acumulating with what we can keep maintaining as time goes by to avoid feeling pressured along the line.

[avp2306]

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

Buddy if any investor has all that are needed to be aggressive in acumulating Bitcoin, I don't see anything wrong with that after all such investing is doing it to get more stack of Bitcoin as fast as possible, what I don't support is being unnecessarily aggressive when such investor knows that he is just doing morethan he can do, it is advisable for any Bitcoin investor to invest smartly without putting much pressure on oneself, buddy I agree that it's very much excellent for one to keep investing in Bitcoin consistently yea but people fail to understand that consistency is not really about using huge amount to invest in Bitcoin continuously, it just mean using an amount you can afford to invest in Bitcoin steadily and may be you can increase your acumulation rate as soon as you've an increased income.

Mate I agree that the more funds you're able to invest with, the more fractions of Bitcoin you'll have in your portfolio but that doesn't mean you should do more than yourself, the reason for DCA is for everyone to be part of the investment irrespective of their financial status, so it is better for us to keep acumulating with what we can keep maintaining as time goes by to avoid feeling pressured along the line.

The main goal is to accumulate or have lots of Bitcoins in future, so with that target we could really figure out that there's nothing wrong for becoming an aggressive investor. Its just we need to figure out our spending capabilities so that we don't encounter any problem especially for meeting our daily needs. What I don't support actually if they have this trading mindset and intent to aggressively trade their Bitcoins even if they don't know what they are doing and just try to hit their luck to gain small for trading it. Because there's chance for them to lose especially that market is so unpredictable and we don't know how Bitcoin moves especially if we are not around.

Its just we need to manage well our finances to avoid getting any unnecessary issues then we can continue to follow our plans. Holding Bitcoin takes a lot of time that's why we need to plan our future and avoid entertain any short term set backs so that we can avoid to get distracted for hitting our long term goals. So its better to focus and keep accumulating since doing this action consistently would provably give us more better result.

[Tonimez]

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

Buddy if any investor has all that are needed to be aggressive in acumulating Bitcoin, I don't see anything wrong with that after all such investing is doing it to get more stack of Bitcoin as fast as possible, what I don't support is being unnecessarily aggressive when such investor knows that he is just doing morethan he can do, it is advisable for any Bitcoin investor to invest smartly without putting much pressure on oneself, buddy I agree that it's very much excellent for one to keep investing in Bitcoin consistently yea but people fail to understand that consistency is not really about using huge amount to invest in Bitcoin continuously, it just mean using an amount you can afford to invest in Bitcoin steadily and may be you can increase your acumulation rate as soon as you've an increased income.

Mate I agree that the more funds you're able to invest with, the more fractions of Bitcoin you'll have in your portfolio but that doesn't mean you should do more than yourself, the reason for DCA is for everyone to be part of the investment irrespective of their financial status, so it is better for us to keep acumulating with what we can keep maintaining as time goes by to avoid feeling pressured along the line.

No one would not like to invest Aggressively. Aggressive investment is a good idea but most times you understand that the more compound wealth you put in a place at once, the harder it would be for you to ignore it for a long time. One aspect of aggressive investment is that you are glued to the chart and especially your anxiety rises mostly for newbies.

[BlackBoss_]

No one would not like to invest Aggressively. Aggressive investment is a good idea but most times you understand that the more compound wealth you put in a place at once, the harder it would be for you to ignore it for a long time. One aspect of aggressive investment is that you are glued to the chart and especially your anxiety rises mostly for newbies.

When you are doing a thing aggressively, you have more chance of doing it wrongly and emotionally. Doing things wisely and cleverly but gradually with time is a safer road to success.

Learning, investment, trading, whatever things in practice, don't do it in hurry and when you do it aggressively, you can ignore many things, risk warnings and also enough cooling time for your own assessment over time. Nothing can be executed perfectly so a break time for own assessment for adjusting your plan and method is very necessary or even vital for your success.

Remember that it plays important role to protect your initial capital, that means most for investors. If you can protect your initial capital, you are doing well and you will always have many opportunities to get profit in this market. Aggressively chasing profit can likely lead to loss eventually.

[red4slash]

As I said before, there is no prohibition whatsoever and from anyone to be aggressive because it is allowed as long as we can minimize the risk and pay attention to our financial condition. As long as you are able to be aggressive why not because no one can forbid you from doing that when we are able but again what are our qualifications like, if indeed we are still tight in terms of the finances we have why force ourselves to be aggressive because it can harm ourselves, but when we do have more finances it is not wrong to take a more aggressive approach as long as we understand the risks.

It does not mean that in this case we are not allowed to DCA because it is also one of the good purchasing methods but in the end we cannot force our will as if DCA is the only method of collecting bitcoins and everyone has to do it, the concept is not like that, my friend.

Any form of purchase or collection of bitcoins with any strategy or method as long as it is in accordance with the finances we have, everything can be done and we do not have to tie ourselves to just one method, as long as we are ready with all the consequences and of course financial security from the income we have and the expenses we make and the investment which is the main point in this case can be balanced, then everything can be done.

In short, if you know what investment is, then you will understand the importance of DCA and also the importance of adjusting it to our income which must be done carefully and on target. Investment is different from trading which does not require you to make aggressive purchases or buy in large amounts at once, all forms of investment must be done for the long term and this long term provides an opportunity or opportunity for us to make purchases routinely consistently and in accordance with our abilities and travel goals so that the investment made runs well without any worry because you are using discretionary money. So being aggressive is not required and also does not have to be forced because if you continue to make purchases routinely as long as it is not done carelessly until the profit you want is achieved, then the profit you get will be the same as the profit obtained by people who make aggressive purchases because what determines the results is how long you do it and also consistently. Everything that is conveyed here is good and for the good so as not to lose and regret, especially aggressive purchases using emergency funds or reserves and this must be considered carefully because there are unpleasant consequences that must be accepted when you really need it and it has the potential to destroy your investment.

I am not discussing trading for now because my focus is still on the issue of aggressiveness in investment. and it does not mean that we do it aggressively we become a trader because even though we are in a fixed investment we can still be someone who is aggressive as long as we are able to balance it with our financial condition and as long as we are able to balance the income we have, the expenses we make and include investment there is nothing wrong with trying to be more aggressive because buying bitcoin as I said before whatever the method is all still justified regardless of DCA, buy dip or even doing it aggressively as long as it does not interfere with our finances and are ready for all risks then it is valid.

I will not say your perception is wrong and I am right, but in this case we cannot judge anyone and whatever the method is either with DCA or doing it aggressively it is said to be wrong. As long as we are able to buy regardless of whether we do it with DCA or other methods, even by doing it aggressively, if we are able to do it, then do it because in the end, even though this is not a race, as long as our bitcoins increase, everything will look very good for the future that we want to achieve.

[Moreno233]

Buddy if any investor has all that are needed to be aggressive in acumulating Bitcoin, I don't see anything wrong with that after all such investing is doing it to get more stack of Bitcoin as fast as possible, what I don't support is being unnecessarily aggressive when such investor knows that he is just doing morethan he can do, it is advisable for any Bitcoin investor to invest smartly without putting much pressure on oneself, buddy I agree that it's very much excellent for one to keep investing in Bitcoin consistently yea but people fail to understand that consistency is not really about using huge amount to invest in Bitcoin continuously, it just mean using an amount you can afford to invest in Bitcoin steadily and may be you can increase your acumulation rate as soon as you've an increased income.

Mate I agree that the more funds you're able to invest with, the more fractions of Bitcoin you'll have in your portfolio but that doesn't mean you should do more than yourself, the reason for DCA is for everyone to be part of the investment irrespective of their financial status, so it is better for us to keep acumulating with what we can keep maintaining as time goes by to avoid feeling pressured along the line.

No one would not like to invest Aggressively. Aggressive investment is a good idea but most times you understand that the more compound wealth you put in a place at once, the harder it would be for you to ignore it for a long time. One aspect of aggressive investment is that you are glued to the chart and especially your anxiety rises mostly for newbies.

You are wrong because there are times when investing aggressively becomes necessary to achieve some targets or maximize opportunities. Aggressive investing is not entirely bad if all the minor ingredients are in place and it is done within the discretionary income. Just to through more light on this, aggressive investment is like someone whose discretionary income is $2,000 and decide to invest as much as $1,000 which represents 50% of the funds. This user is aggressive because he would have condition himself to avoid leisure and some other unnecessary things to be able to build a good Bitcoin portfolio within a time he would have set for himself or take dip he would have noticed in the market. This does not mean in any way that aggressive investing ignore the need for emergency funds or others, it is more connected to the passion and determination of the investor.

[WatChe]

It must be mandatory for all of us to develop habit of savings. Their are lot of ways in which we can do savings and best of it is to invest in Bitcoin. Everyone has it's own limitations for investing in Bitcoin, the one who can easily afford 100$ a week should invest 100$ per week while the one who can afford to invest 10$ per week must keep investing that much money. It may look boring or useless in start but it's real benefit will be evident if you keep investing for years. Bitcoin price will go up with time and we must be ready to take advantage of that price hike by investing at right moment.  

Bitcoin investment shouldn't be done the way you have just explained it, when you invest all you get in a week into Bitcoin investment it can be considered as gambling  because you are not investing from your discretionary income, if you invest all you get in a week into Bitcoin what will you then use to sort out your daily needs or other  necessary needs when they come up.

Since bitcoin investment is for a longer time we are expected to invest using our discretionary income.

I never said that invest all you earn in a week into Bitcoin rather invest what you can easily afford. The range of ease varies from person to person, some can easily afford 100$ per week for Bitcoin and some can easily afford 10$ per week for Bitcoin. It doesn't matter how much you are investing but what matters is the continuity with which you are investing.

There are expenses we can cut to invest in Bitcoin like I surrender my life insurance policy to invest that money in Bitcoin. It will give me better result if I keep investing that money into bitcoin for next 10 years rather then paying my yearly premium for life insurance.

[Jostern]

No one would not like to invest Aggressively. Aggressive investment is a good idea but most times you understand that the more compound wealth you put in a place at once, the harder it would be for you to ignore it for a long time. One aspect of aggressive investment is that you are glued to the chart and especially your anxiety rises mostly for newbies.

When you are doing a thing aggressively, you have more chance of doing it wrongly and emotionally. Doing things wisely and cleverly but gradually with time is a safer road to success.

Learning, investment, trading, whatever things in practice, don't do it in hurry and when you do it aggressively, you can ignore many things, risk warnings and also enough cooling time for your own assessment over time. Nothing can be executed perfectly so a break time for own assessment for adjusting your plan and method is very necessary or even vital for your success.

Remember that it plays important role to protect your initial capital, that means most for investors. If you can protect your initial capital, you are doing well and you will always have many opportunities to get profit in this market. Aggressively chasing profit can likely lead to loss eventually.

Buying aggressive can be good, either way it can also be bad. What I mean by this is that if we have a good knowledge and understanding about how to follow our investment strategy it will be more better, Aggressive buying is a good idea considering we don’t over do it in a way that it will affect our portfolio, assuming that you earn $150 in a month and we invest $25 in a week, and we are left with $50 at this strategy of buying aggressive we are over doing it because $50 dollar will not be enough to pay our bills like food, internet, and solve our needs and solve some family challenges when it arises. At this point aggressive buying becomes a problem and we would have no choice but to fall back to our bitcoin investment that we are trying to accumulate. It will be hard to build up our emergency funds or have a reserved funds.

But if we have a good financial plan and a good income rate. Where if you can buy aggressively it will not affect your portfolio in as much that you can take care of yourself and your needs and pay your bills and also solve family challenges when it comes, and you will not have to fall back to your bitcoin investment for solutions. Then buying aggressively is a good plan. And it will help to accumulate more Bitcoin.

[Pi-network314159]

Isn't that obvious that he's just making an assumption? Moreover I think the wise and the rich are the ones that engage themselves in snip

Snip

Snip

Of course there is a difference between income and networth, and as we know many folks earn an income and they spend from their income for expenses, so if they have any money left (usually referred to as discretionary income), then they can build networth from their discretionary income.  Sometimes folks will also have assets transferred over to them, so they do not necessarily consider spending their assets, unless their current income does not cover their intended expenses.

Yeah i agree with you, although I misplaced the difference between net worth and income because I was referring net worth to be income but from your explanation i understand better.

Then in investment management, you don't need to purchase bitcoin aggressively, it has nothing to do with your success.

As far as I know there is nothing wrong investing aggressively provided you have a strong financial backup that can sustain your emergency, discretion and backup funds. Aggressive investment helps to increase the level of ones portfolio and will leed to meeting up your accusation timeline quickly. But The only problem about investing aggressively is when you don't have a strong financial backup, it better you don't invest aggressively. Because if you try it, it will make you use or spend your discretion and emergency fund. after you might have end up using off all your emergency fund plus discretion fund, entually it will leed to selling off your Bitcoin.

So in the aspect of aggressive investment, it is good to be aggressive but when you don't have a strong financial backup system then your aggressive investment becomes overaggressive.

You have a strange way of expressing these matters.   The general state is that guys build up emergency funds and reserve funds as various forms of back up funds, and so the build up of back up funds comes from discretionary income.

I think that I've made a lot of mistake in my kind of way of Expressing myself about being aggressive and also misplacing the use of backup fund and discretion fund. in all I take responsibility of my mistake lets say I was feeling tipsy and sleepy lolz. I

If aggressively purchases mean something like loans, leverage, it's not good strategy.

Snip

This sounds correct, even though your example is a bit unrealistic.  

didn't realize I made lot of mistake though. 

[Ethan_Crypto]

Buying and selling a coin depends on factors surrounding the coin, like Bitcoin, it’s still time to buy because there’s demand, institutional and government interest in my opinion

[Cryptoprincess101]

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

Buddy if any investor has all that are needed to be aggressive in acumulating Bitcoin, I don't see anything wrong with that after all such investing is doing it to get more stack of Bitcoin as fast as possible, what I don't support is being unnecessarily aggressive when such investor knows that he is just doing morethan he can do, it is advisable for any Bitcoin investor to invest smartly without putting much pressure on oneself, buddy I agree that it's very much excellent for one to keep investing in Bitcoin consistently yea but people fail to understand that consistency is not really about using huge amount to invest in Bitcoin continuously, it just mean using an amount you can afford to invest in Bitcoin steadily and may be you can increase your acumulation rate as soon as you've an increased income.

Mate I agree that the more funds you're able to invest with, the more fractions of Bitcoin you'll have in your portfolio but that doesn't mean you should do more than yourself, the reason for DCA is for everyone to be part of the investment irrespective of their financial status, so it is better for us to keep acumulating with what we can keep maintaining as time goes by to avoid feeling pressured along the line.

No one would not like to invest Aggressively. Aggressive investment is a good idea but most times you understand that the more compound wealth you put in a place at once, the harder it would be for you to ignore it for a long time. One aspect of aggressive investment is that you are glued to the chart and especially your anxiety rises mostly for newbies.

I don't understand what you are saying because how would compounding money due to your aggressiveness in your investment make it difficult for you not to hodl for a longer time because that is exactly what you are trying to say here. Being aggressive with your investment have nothing to do with the chart except you have a trading mindset of taking profits when you realize that you have made some short-term profits from your investment which will be a very bad approach to your investment. Investing aggressively depends on how big your discretionary income is, not going above your discretion just because you want to accumulate much within a short time. compounding your wealth in bitcoins is just a way of meeting your accumulation target closer than it could have been if you ONLY focus on the amount you DCA.

[Churchillvv]

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.

[Makus]

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.

Indeed bitcoin has out performed every other project including shitcoins. Etheruem which is known as the king of altcoins/shitprojects is gonna be a decade old by July yet it's price value is nothing compared to the price of Bitcoin when it was a decade old. There are several  factors proving that there are no second best when it comes to bitcoin so I wonder why people think of diversifing their investment if not for the sake of gambling.  It's true nothing is guaranteed yet people still have fortune invested in bitcoin and they still make profit from every bullish season. I know it sounds a bit strange but I can't  give up my accumulation because profits aren't guaranteed, life itself is presented without bunch of choices which are all risky, it's left for you to pick which of the risk you're willing to take to make a difference.

[Tmoonz]

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.

However, we still have to consider that past performance is not a guarantee for the future performance we should always know this even in our investment decisions making, Bitcoin is not guaranteed to go up but yet it has the potential to go up and still remain one of the best places we can put our value on, Bitcoin having a limited supply of only 21million and with the look of things Bitcoin is a trend of a the world class digital asset of which the journey has just began because Bitcoin has a very long way to go,  without Bitcoin being volatile new investors wouldn't have be coming in hence I don't consider it as a problem perhaps it even offers buying more at a lesser price when in downturn, the resilience to be patient enough to see what the future of Bitcoin holds can be maximize when investing solely from our discretionary income, and having a provisional emergency funds.

[Tonimez]

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.

However, we still have to consider that past performance is not a guarantee for the future performance we should always know this even in our investment decisions making, Bitcoin is not guaranteed to go up but yet it has the potential to go up and still remain one of the best places we can put our value on, Bitcoin having a limited supply of only 21million and with the look of things Bitcoin is a trend of a the world class digital asset of which the journey has just began because Bitcoin has a very long way to go,  without Bitcoin being volatile new investors wouldn't have be coming in hence I don't consider it as a problem perhaps it even offers buying more at a lesser price when in downturn, the resilience to be patient enough to see what the future of Bitcoin holds can be maximize when investing solely from our discretionary income, and having a provisional emergency funds.

"If you know your history, then you will know where you're coming from". This is the wise word most of us have heard. That "Bitcoin volatility" having performed good in the past does not imply that it would perform better in the future! How most of us got glued to bitcoin exercise is solely almost all based on prior knowledge of what bitcoin records as heard from the great minds. Even the Scape goats like the trader could be yardstick for measuring possibilities in bitcoin travel. You can chose to believe that the past does not really matter but histories was the foundation for trading and studying chats.

[Salahmu]

It must be mandatory for all of us to develop habit of savings. Their are lot of ways in which we can do savings and best of it is to invest in Bitcoin. Everyone has it's own limitations for investing in Bitcoin, the one who can easily afford 100$ a week should invest 100$ per week while the one who can afford to invest 10$ per week must keep investing that much money. It may look boring or useless in start but it's real benefit will be evident if you keep investing for years. Bitcoin price will go up with time and we must be ready to take advantage of that price hike by investing at right moment.  

Bitcoin investment shouldn't be done the way you have just explained it, when you invest all you get in a week into Bitcoin investment it can be considered as gambling  because you are not investing from your discretionary income, if you invest all you get in a week into Bitcoin what will you then use to sort out your daily needs or other  necessary needs when they come up.

Since bitcoin investment is for a longer time we are expected to invest using our discretionary income.

@WatChe was right but he has some off point from what he was saying regarding mandatory because is like forcing someone to have a savings and secondly I don't no what the savings should do for the person who is investing on Bitcoin, weather they will save it for other things or they will save it for the same Bitcoin purposes. However on the last part @WatChe is not far from the investment ethics because he was implying that if $100 will be good for you take it for all the time of investing or if also an amount that is lower is rather perfect for you is not bad, of course that's how everybody invest, even with all the strategy a comfortable amount of investment is a thing that should not be disregarded because is important.