Buy Buy Buy or Sell Sell Sell?

[Mr_Brilliant$]

People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

The fact is that trading is never a way of making profits from Bitcoin. It is a form of gambling with Bitcoin and gambling rely only on luck, and once someone gambles with it Bitcoin, they are likely to lose it easily. So, it is not encourage to trade, whether someone is a newbie or not. Even those who always claim to be experienced traders often lose their Bitcoin from time to time. In fact, many of them are not even making money through trading, but come out on social media to lie that they are profiting from it. But it's all a lie.

So, I would advise any newbie not to ever think of trading Bitcoin. It is not a reliable way of making profits from Bitcoin, and it never will be. Trading just relies on luck  and the reason I say that is because Bitcoin is unpredictable, and what traders are doing is basically guessing.

Bruh, feel you on this one, because to me it still baffles me why somebody will sweat, hustle, cut down expenses just to stack Bitcoin for several months and years, then one day turn around and risk all that patient accumulation on some random trading thing that can wipe out their effort in seconds… It is pure gambling, it’s just like planting a farm, waiting months for harvest, then setting the whole thing on fire..  Trading Bitcoin is like that, too unpredictable, too risky, and honestly not worth the emotional stress that comes with it.  A newbie especially has no business trying to outsmart the market, because nine out of ten times it is the market that will humble you, and the pain of losing your hard earned stack is not something anyone should willingly walk into…

And the funny part is, a lot of so called pro traders you’ll fancy, don’t even show the full picture.. They come online posting their little lucky wins and hiding their 100’s of losses, flexing like they cracked some magic code, but behind the scene they are probably crying over the losses they never post…  It’s just a game, and if a newbie does not understand that, he will end up chasing shadows thinking there is some good ass strategy out there. .. But the truth, like you said, is simple: Bitcoin was never created for gambling or wild speculation.  It was made for holding and long term preservation of wealth. That is where the real power lies. So instead of burning energy guessing green or red candles, just keep stacking, keep holding, and let time do the heavy lifting.. Trading might look attractive on the surface, but the reality is that it’s just another way of donating your Bitcoin back to the market…

[Princess Leah]

And in addition what @Tungbulu has said.
First of all, let me quickly correct an impression, the purpose of being aggressive isn't necessarily to maximize on short term gains or "to see good gains" as you put it, the main purpose of investors being aggressive should be reach their long term goals faster and not to capitalize on short term gains.
Now Usually every investor is meant to invest with their discretionary income, in a situation where an investor due to much eagerness to reach their goals faster, decides to invest with all their Emergency funds, rather than just a fraction or percentage of it, they're being aggressive enough, and this level of aggressiveness could still be arguably considered to be reasonable, but when folks starts feeling like their discretionary income isn't enough to help them reach their goals faster, and then they opt for other means, like taking loans and/or even using funds meant for some other purposes, then that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.
 

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

[avp2306]

that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.
If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.
 

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

They are doing huge mistake if they do that since they might fail especially if there's emergency situation happens.

That's why they better know the real purpose of having a emergency funds so that they will never think about using it for buying Bitcoin or any nonsense matter. Instead of doing that maybe they should pay more attention on how they can increase their income so that they would get more discretionary funds. Since with this for sure that they can buy more Bitcoin and they would never think about other crazy things.

[Gallar]

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

I believe trading is not only highly risky for beginners, but even for professionals, most fail or lose money. Therefore, I don't think trading is the right choice for growing our money. Instead of increasing it, our money could end up depleted and nothing left. Trading is inherently dangerous, and I don't think we should get caught up in it. Quite a few people experience stress from trading crypto. Therefore, it's better to invest in Bitcoin, as investing in Bitcoin doesn't require market analysis. Investing in Bitcoin simply requires accumulation using the DCA strategy. So, the bottom line is, it doesn't need to be complicated. The most important thing is patience, and there's a definite possibility of success in investing in Bitcoin.

[AbuBhakar]

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

I believe trading is not only highly risky for beginners, but even for professionals, most fail or lose money. Therefore, I don't think trading is the right choice for growing our money. Instead of increasing it, our money could end up depleted and nothing left. Trading is inherently dangerous, and I don't think we should get caught up in it. Quite a few people experience stress from trading crypto. Therefore, it's better to invest in Bitcoin, as investing in Bitcoin doesn't require market analysis. Investing in Bitcoin simply requires accumulation using the DCA strategy. So, the bottom line is, it doesn't need to be complicated. The most important thing is patience, and there's a definite possibility of success in investing in Bitcoin.

They shouldn’t be called professional if they are still considered as high risk when trading.

Professional trader usually have risk management on their trading activities to assess and lessen the risk they are taking per trade that’s why they are called professional because they knew to limit the risk they are taking unlike newbie usually just trade based on emotion.

There’s still some successful trader on Bitcoin. But clearly trading is not for everyone.

[Barikui1]

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

It's mostly ignorance that will make an investor invest in Bitcoin with his emergency funds because he doesn't know that by doing so he is practically exposing his holdings to be tempered with if any emergencies arise or if any financial troubles came up, so it's an unhealthy practice all Bitcoin Investors should avoid by all means because it it's a very fast way to self destruct to your holdings.
Additionally, what's the essence of using your emergency funds to buy aggressively when their is no certainty of holding strong again when you have used the last layer of protection for your holdings to invest?
So it's not a terrible idea to do so in my own opinion.

[Fara Chan]

>>>

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.

Everyone's financial situation can be different, although most people probably have a similar intention: to invest in Bitcoin more consistently and aggressively. Everyone probably always sets aside three funds when planning to undertake something or invest: an emergency fund, which is essentially set aside for emergencies; a second fund, which is used for daily expenses for routine living expenses; and a third, investment capital, which is essentially used to purchase Bitcoin. This capital is usually allocated specifically each month from one's regular income.

So, a smart investor must understand their own circumstances and understand how to allocate funds to these three areas so they can always be prepared for adverse conditions when they arise unexpectedly. While I fundamentally disagree that emergency funds must be used for investing, even if the investment is Bitcoin, I greatly commend those who deliberately set aside funds specifically for buying Bitcoin. Bitcoin is a very unique asset and deserves a special focus, accumulating it aggressively and consistently.

[Stormisover]

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

one thing you should understand is that there is nothing like been "aggressive enough to see good gains" when it comes to long term holding of bitcoin, just be consistence in buying bitcoin with your discretionary income you will reach your accumulating target and then hold it for 4 to 10 years or longer. Been "too aggressive to the point it turn risky" is when you start accumulating bitcoin with the funds made for handling your basic needs and expenses or when you start buying bitcoin with your emergency fund after you must have exusted your back up all the name of buying the dips, so no matter aggressive you want don't overdo it just as JJG had said earlier only buy bitcoin aggressively within your level don't go above your level.

Aggressive buying in Bitcoin accumulation is when you exceed your regular amount for buying Bitcoin in your DCA strategy. The rate of aggressiveness depends on the amount that you can be able to top up your DCA buying and this is where investors that doesn't understand financial management gets it wrong. In aggressive buying investors need to be smart, they should know if they can afford to buy aggressively, if it will affect their planned budget for their other expenses it is better to stick to their regular DCA accumulation. But if they can pull funds from their other expenses to buy the dip without affecting them negatively then it's a smart move.

Whether you exceed your regular dca amount or not provided that you are buying Bitcoin persistently and consistently it can still be seen as being aggressive, the rate of your aggressiveness solely depends on the amount of your discretionary income you are choosing to buy Bitcoin with at any given time and not the amount your are toping with, there is nothing wrong being aggressive in your investment and that includes doing it within your means of discretionary income without struggling, it is being over aggressive that can be problematic where investors ends up struggling to sort out their other important needs.

[atookz]

 Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

They are doing huge mistake if they do that since they might fail especially if there's emergency situation happens.

That's why they better know the real purpose of having a emergency funds so that they will never think about using it for buying Bitcoin or any nonsense matter. Instead of doing that maybe they should pay more attention on how they can increase their income so that they would get more discretionary funds. Since with this for sure that they can buy more Bitcoin and they would never think about other crazy things.

Buying Bitcoin with an emergency fund is a fatal mistake. It will definitely affect your psychological well-being when facing price fluctuations. I once did this when I bought Bitcoin using my wedding savings. I hoped the price would rise and I would profit, but when it dropped, I kept thinking and feeling uneasy, afraid the price would drop again. I ended up selling my Bitcoin when the price dropped, incurring a loss of around $1,200. This was my most fatal mistake. So, never buy Bitcoin with your savings or emergency fund; it will help you psychologically and help you calm down when facing fluctuations.

[Finebone]

Everyone's financial situation can be different, although most people probably have a similar intention: to invest in Bitcoin more consistently and aggressively. Everyone probably always sets aside three funds when planning to undertake something or invest: an emergency fund, which is essentially set aside for emergencies; a second fund, which is used for daily expenses for routine living expenses; and a third, investment capital, which is essentially used to purchase Bitcoin. This capital is usually allocated specifically each month from one's regular income.

No, not everyone, it would be better that you speaks for yourself, because to the best of my knowledge, most Bitcoin investors are ignorant to the fact that investment in Bitcoin is suited for discretionary income alone, not just any money that gets into their hands.

Furthermore, I don't really buys into this your illustration here because it's only advisable to think about investing in bitcoin when every other basic needs have been met, so if you can't sort out your discretionary income, their is no point investing with any other funds because you will be making a dangerous mistake that will later compel you to sell prematurely, so creating three different funds or not, if it's not from the discretionary income, it is not the best way to accumulate and invest in bitcoin, because you will not be able to hold strong for the future.

[xiamin]

 Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

They are doing huge mistake if they do that since they might fail especially if there's emergency situation happens.

That's why they better know the real purpose of having a emergency funds so that they will never think about using it for buying Bitcoin or any nonsense matter. Instead of doing that maybe they should pay more attention on how they can increase their income so that they would get more discretionary funds. Since with this for sure that they can buy more Bitcoin and they would never think about other crazy things.

Buying Bitcoin with an emergency fund is a fatal mistake. It will definitely affect your psychological well-being when facing price fluctuations. I once did this when I bought Bitcoin using my wedding savings. I hoped the price would rise and I would profit, but when it dropped, I kept thinking and feeling uneasy, afraid the price would drop again. I ended up selling my Bitcoin when the price dropped, incurring a loss of around $1,200. This was my most fatal mistake. So, never buy Bitcoin with your savings or emergency fund; it will help you psychologically and help you calm down when facing fluctuations.

Buying Bitcoin with an emergency fund is not always wrong. If you have extra emergency funds, then buying Bitcoin with that extra fund would be the right decision. If you have six months of emergency funds to set aside to meet your family expenses, then you should have an emergency fund for at least three months of family maintenance and buying Bitcoin with the remaining funds would be the right decision. This is what I know about the duration of the emergency fund. In our country context, buying Bitcoin will be much more profitable than keeping cash funds for the future.

Having this emergency fund equivalent to at least three months of family expenses is very important for long-term Bitcoin accumulation because this fund can provide you with a financial backup to protect you from any unforeseen events. Keeping Bitcoin holdings intact and more accumulation.

[ejikeme24]

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

Investing from your emergency fund is not a good idea, but there are some situation where you will have no option apart from investing from your emergency fund. Take for instance you're working as a house cleaner and you're expecting your monthly income today and your boss ask you to wait for three working days, Maybe you're expected to make your bitcoin purchase today and it happens that you still have enough money in your emergency fund. You know In order to maintain your weekly buying of bitcoin you will have no option than to invest from your emergency fund to return it later, I'm sure but not 100% sure that emergency issue  may not arise within this couple of Days. Moreover you're not just investing with the whole of your emergency fund is always advised to spend that certain amount that you have been using for your weekly purchase not more than that.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.

Being aggressive does not have anything to do with our financial situation, moreover you're investing from your discretionary income and not from the money that is supposed to use to sort out your bills. So being aggressive depends on the level of your discretionary income, but when buying aggressively is always advised do it in such a way that it won't affect you in anyway.

[Stable090]

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

It’s called emergency funds, it’s not suppose to be used for investment, emergency funds is suppose to be used to take care of any emergency that arises when you making your bitcoin investment journey. If you decide to invest with your emergency funds, then if any emergency arises, then you won’t have choice than to sell your bitcoin if you don’t have choice, that’s why emergency funds is not suppose to be invested in bitcoin. If you don’t have emergency funds, then holding bitcoin for a long term might just be something difficult, so it’s just better to avoid that, it’s better to just be calm, and invest gradually.

[Silikiem]

Investing from your emergency fund is not a good idea, but there are some situation where you will have no option apart from investing from your emergency fund. Take for instance you're working as a house cleaner and you're expecting your monthly income today and your boss ask you to wait for three working days, Maybe you're expected to make your bitcoin purchase today and it happens that you still have enough money in your emergency fund. You know In order to maintain your weekly buying of bitcoin you will have no option than to invest from your emergency fund to return it later, I'm sure but not 100% sure that emergency issue  may not arise within this couple of Days. Moreover you're not just investing with the whole of your emergency fund is always advised to spend that certain amount that you have been using for your weekly purchase not more than that.

Emergency funds is for solving emergency situations and not for investments. Bitcoin investment is done with a discretionary income and not with an emergency funds. For a long term investor whose focus is on the long term goal of consistently accumulating bitcoin and hold, especially using the DCA method to gradually accumulate bitcoin, it’s best you invest when you’re able to figure out a discretionary funds to accumulate with, if your boss is yet to pay you for the week or month, you mustn’t rush to use your emergency funds for investment, you have to wait until when you receive your salary or when you’re able to figure out a discretionary income elsewhere which is outside your emergency funds to accumulate bitcoin. On no account should you use an emergency funds for investments, emergency funds is only meant to be used for a real life threatening situations or emergency which requires cash to solve and not investment money.

[Muba20]

Emergency funds is for solving emergency situations and not for investments. Bitcoin investment is done with a discretionary income and not with an emergency funds.

Right, suppose you are doing DCA and want to invest in Bitcoin regularly but after a few months you suddenly lose your job or you are admitted to the hospital due to an accident. At that moment you need money. So what will you do? You will definitely leave the DCA and when you do not have money, you will also want to withdraw your saved money you held for a few months because you need it. If you had an emergency fund, you could have used that money to get your treatment. Then your Bitcoin investment would not have been interrupted. You would not have to withdraw your Bitcoin. You can say that an emergency fund is not for investment but to support your investment so that it is not interrupted in any way.

You can also invest with an emergency fund when you see that Bitcoin has taken a dip but you will receive your salary or rent with in 2-3 days or you could not withdraw money from the bank for some reason which will reach you in 1 or 2 days. If you use it to buy Bitcoin during such a time gap, It would be appropriate for investment.

[Proty]

Emergency funds is for solving emergency situations and not for investments. Bitcoin investment is done with a discretionary income and not with an emergency funds.

Right, suppose you are doing DCA and want to invest in Bitcoin regularly but after a few months you suddenly lose your job or you are admitted to the hospital due to an accident. At that moment you need money. So what will you do? You will definitely leave the DCA and when you do not have money, you will also want to withdraw your saved money you held for a few months because you need it. If you had an emergency fund, you could have used that money to get your treatment. Then your Bitcoin investment would not have been interrupted. You would not have to withdraw your Bitcoin. You can say that an emergency fund is not for investment but to support your investment so that it is not interrupted in any way.

You can also invest with an emergency fund when you see that Bitcoin has taken a dip but you will receive your salary or rent with in 2-3 days or you could not withdraw money from the bank for some reason which will reach you in 1 or 2 days. If you use it to buy Bitcoin during such a time gap, It would be appropriate for investment.

From what silikiem is saying is that using emergency funds to invest in bitcoin instead of discretionary income is not a good idea. Since investing in bitcoin should be done with one discretionary income . I know so many out of being aggressive especially when there is a dip maybe tempted to use there emergency funds to buy aggressively. To me this is not really a good idea because if emergency should occur we will be left with no other options to fall back to our bitcoin investment. So it should always be wise to invest with one discretionary income and we should always try to avoid the temptation of investing from our emergency funds.

[Sonia_123]

Investing from your emergency fund is not a good idea, but there are some situation where you will have no option apart from investing from your emergency fund. Take for instance you're working as a house cleaner and you're expecting your monthly income today and your boss ask you to wait for three working days, Maybe you're expected to make your bitcoin purchase today and it happens that you still have enough money in your emergency fund. You know In order to maintain your weekly buying of bitcoin you will have no option than to invest from your emergency fund to return it later, I'm sure but not 100% sure that emergency issue  may not arise within this couple of Days. Moreover you're not just investing with the whole of your emergency fund is always advised to spend that certain amount that you have been using for your weekly purchase not more than that.

Emergency funds is for solving emergency situations and not for investments. Bitcoin investment is done with a discretionary income and not with an emergency funds. For a long term investor whose focus is on the long term goal of consistently accumulating bitcoin and hold, especially using the DCA method to gradually accumulate bitcoin, it’s best you invest when you’re able to figure out a discretionary funds to accumulate with, if your boss is yet to pay you for the week or month, you mustn’t rush to use your emergency funds for investment, you have to wait until when you receive your salary or when you’re able to figure out a discretionary income elsewhere which is outside your emergency funds to accumulate bitcoin. On no account should you use an emergency funds for investments, emergency funds is only meant to be used for a real life threatening situations or emergency which requires cash to solve and not investment money.

You are right in addition to this using your emergency funds to invest means you are putting your investment at risk at any time you can be tempted to encroach your investment due to lack of emergency fund and before you know it you must have sold off your investment . Emergency funds are only used for actual emergencies such as loss of income or increased expenses.

[JayJuanGee]

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

Surely that is individual specific, and yeah, if you over do it, then you will pay financially and perhaps psychologically.

If you are brand new to investing and you only have around 3-ish weeks of back up funds, then maybe you have already been employing a system like that for years before you got involved in bitcoin, so you are already used to it and you can build your bitcoin investment practices and improve you cashflow management systems and/or practices based on your already having some experience.  

If you are barely new to the working world, then you may have more that you need to learn, so you might have to error on keeping some kind of a cash cushion to see how it works.  So maybe if you always had your parents paying for everything, then you are not used to having and/or managing expenses, and parents might help out their kids in this regard, and so you might know how much you may or may not be able to rely on your parent for emergency back up, but if they already told you what they want you to do, they might not be willing to help you if it appears to them that you are not following their guidelines.

You build on what you have, and if you had not really given much consideration to what you have, then you might have to write it down and to organize your thinking on the topic, yet there are some folks who don't want to write anything down, so they think that they can manage their situation based on their memory, which I would consider to be more prone towards making mistakes and surely a person might have to learn by making mistakes if he is not proactive in regards to trying to figure out his various limits and atttept to account for his cashflows and to project them out for 3 to 6 months or even some folks might be advantaged by projecting out 18 months or longer, even though the more important projections will be in the coming few months, but it might be important to have some ideas regarding how future cashflow projections might work out.. and yeah, some folks will be better at it than others, and my own assumption is that 97% or more of normal adults (perhaps older than 18 years) would already have these various math and common sense skills, even though some younger folks might still be learning some of these matters and also trying to figure out their own emotions and hormones and the extent to which they might need to interact with others (such as their peers) to help to figure out some of these kinds of matters that might largely revolve around figuring out their discretionary income and the extent that they are able to invest 4-10 years or longer, which surely the less real world experience that a person has (such as a student or someone living with their parents), then they may have to use their imagination and/or need to experiment with some of the matters in order to learn their limits or to put what they know into practice to see if they might understand what they are doing or if they might have to ask some questions to someone, whose judgment they trust.

I see a lot of posts from various members talking about bitcoin investment theories and cash flow management theories, yet sometimes it can be difficult to know the extent to which they are actually putting their own ideas (or their own interpretation of ideas) into some kind of a meaningful practice... so yeah, with practice we might already know that we are going to make some mistakes, and some kinds of mistakes might be more tolerable than other kinds of mistakes.. .yet putting ideas into practice is likely amongst the best of ways to figure out one's own limitations in light of his own particular circumstances.

By the way, a person who is a student might have several topics that they need to study, and so maybe they dedicate a few hours a week to personal finances and financial management.  Similar things can be true of a person who is in the working world.  Some jobs might require 40-60 hours per week, yet there still can be downtime and there can be time that guys can dedicate to learning their own approach to bitcoin and/or their cashflow management practices.  Sometimes it is not easy to fit in the learning and the practice and the adjustments from time to time that will hopefully be based upon ongoing learning.

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

It would be difficult for JayJuanGee to tell you where to draw the line between being aggressive enough to see good gains because he doesn't know how good your discretionary income is, and for him not to tell you the amount that will take you out of the game, you are responsible to figure out your own level of aggressive because you know the size of your discretionary income and the amout you can comfortably use to accumulate bitcoin so that it won't take you out of the game. Being over aggressive is when you are accumulating bitcon with the amount of money that's way more above your discretionary income. So for you not to overdo your aggressive level and take yourself out of the game, always use your discretionary income to accumulate bitcoin and on no count should you use the money meant for your weekly or monthly expenses to accumulate bitcoin.

That is a fair point.

Let's say that your discretionary income tends to be $500 per month, so you consider that you can invest $100 per week, but if you make a mistake and you end up not having enough discretionary income then you might be kind of screwed and maybe you had an emergency fund to bail you out so your emergency fund only had $1k, but then you ended up using $500 to buy bitcoin, and so then you only had $500 left because you had to cover your expenses and then perhaps some kind of a real emergency hit simultaneously and you deplete your emergency fund.. and yeah of course, some folks choose to not keep much if any emergency fund, which sometimes might work out, until it doesn't.

If the mistake is small, then hopefully the guys learn from it, but if the guy had been accumulating bitcoin for 3 years, and then he has to tap into his bitcoin, and perhaps even use all of his BTC during a price drop, he might never be able to replace those BTC and to get them that cheap ever again.. so then maybe it takes him 7 years just to build his BTC holdings back to where it was, and he largely lost 7 years because he could have had double the bitcoin that he had 7 years earlier.. if he had been taking adequate precautions... and some folks are able to partially recover from their mistakes and some folks really overdo their mistake in great ways and might even compound one mistake after another, so that they turn a bad situation into even a worse situation by trying to take additional chances to try to win back their earlier position.

Maybe the TLDR would involve recognizing that each of us has to figure out the border upon which we are investing as aggressive as we can without over doing it.  Of course, if we suffer from a situation in which there were negative consequences either financially or psychologically, then that would be a sign that maybe we over did it... and likely positive or negative financial circumstances are more concrete to measure, yet if we are setting our matters up in such a way that we are contributing to our being really nervous about our set up, then we are likely overdoing it whether it results in negative financial outcomes or not.  We could set up a situation in an overly risky way, but then we end up getting lucky, so we did not suffer negative financial or psychological consequences even though we put our bitcoin at risk through our chosen behaviors.  So we could still end up being lucky even though we over did it and we engaged in bad practices.  

Sometimes the consequences for our overdoing it will be negligible or it could be somewhat damaging or it could be extremely damaging, yet I still consider that we have to figure out our threshold and even how risky that we are personally ready, willing and/or able to be.  There could be some situation where we purposefully decide to throw an additional $1k of our emergency funds into bitcoin (maybe that is 1 month of our expenses), and maybe we ONLY have 3 months in our emergency funds, so then we end up with only 2 months of emergency funds.  We may or may not end up getting lucky, so we have to consider for ourselves if we had overdone it or not and ultimately it is our choice, and if we continue to take a lot of risks it is likely to end up back firing on us, yet if we take risks once in a while (within reason), we might consider that as an acceptable way to carry out our investing and have a bit of spice once in a while from our perspective while realizing that our spice could end up blowing up on us and cause regrets.

[Nightwatchmare]

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

one thing you should understand is that there is nothing like been "aggressive enough to see good gains" when it comes to long term holding of bitcoin, just be consistence in buying bitcoin with your discretionary income you will reach your accumulating target and then hold it for 4 to 10 years or longer. Been "too aggressive to the point it turn risky" is when you start accumulating bitcoin with the funds made for handling your basic needs and expenses or when you start buying bitcoin with your emergency fund after you must have exusted your back up all the name of buying the dips, so no matter aggressive you want don't overdo it just as JJG had said earlier only buy bitcoin aggressively within your level don't go above your level.

Aggressive buying in Bitcoin accumulation is when you exceed your regular amount for buying Bitcoin in your DCA strategy. The rate of aggressiveness depends on the amount that you can be able to top up your DCA buying and this is where investors that doesn't understand financial management gets it wrong. In aggressive buying investors need to be smart, they should know if they can afford to buy aggressively, if it will affect their planned budget for their other expenses it is better to stick to their regular DCA accumulation. But if they can pull funds from their other expenses to buy the dip without affecting them negatively then it's a smart move.

Investors doesn't need to "exceed their regular amount for buying Bitcoin in their DCA strategy before they could be seen as investors who are buying aggressively. If you are consistent and persistent in accumulating Bitcoin and even if you don't exceed your regular amount for buying Bitcoin in your DCA strategy, you are accumulating Bitcoin aggressively because you are always active in accumulating Bitcoin, and you can never be compared to investors who aren't consistent and persistent in accumulating Bitcoin. The concept of aggressive buy in Bitcoin investment is all about accumulating Bitcoin consistently and persistent, so if you are accumulating Bitcoin with $5 every week, you are aggressively investing in Bitcoin because that is your own level of aggressively. It's when you increase your regular $5 for buying Bitcoin to $10; that's when you are being over aggressive, and it will take you out of the game if you don't stop it early.

[Mr_Brilliant$]

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

one thing you should understand is that there is nothing like been "aggressive enough to see good gains" when it comes to long term holding of bitcoin, just be consistence in buying bitcoin with your discretionary income you will reach your accumulating target and then hold it for 4 to 10 years or longer. Been "too aggressive to the point it turn risky" is when you start accumulating bitcoin with the funds made for handling your basic needs and expenses or when you start buying bitcoin with your emergency fund after you must have exusted your back up all the name of buying the dips, so no matter aggressive you want don't overdo it just as JJG had said earlier only buy bitcoin aggressively within your level don't go above your level.

True bruh, because a lot of people don’t really separate Aggressive from been Reckless.. The truth is, if you’re consistent and disciplined, your stack will grow naturally without you even noticing.. The real danger is when somebody is trying to force the growth, using money that is meant for rent, food, or emergency just because they don’t wanna miss  dip... That one will always lead to regret, because life is not predictable, and once those needs come up, you will end up selling your Bitcoin at the wrong time…. Long term play don’t need pressure, jst simply patience and consistency is enough...

At the same time, I also believe aggressive has its own meaning depending on your financial level…. If you do earn small, your aggressive might still look small compared to another person that earn bigger income…. But the key point is that everybody should know their limit… Bitcoin is not running anywhere, so don’t excessively pressure or kill yourself just because you want to go aggressive.. The best way is jst to balance your hustle, buy steadily, safeguard your life needs, and let time do its work…..