Buy Buy Buy or Sell Sell Sell?

[Justchukx]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs. This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

[Barikui1]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs. This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

I largely agree to most of what you said here, but I disagree on the highlighted statement in your write up.
Yes it's a risky move to borrow money to invest in Bitcoin because Bitcoin is not risk free and due to the fact that we live in a world full of uncertainty, so many things can go wrong in a very short period of time very fast, but once you have the ability to pay back the loan from another source, it's not a bad idea entirely, where the problem is, is by having it at the back of your mind of paying it back from your Bitcoin investment, that's where it's wrong, but if you have other means of repaying the loan without stress, it's actually not a bad idea, since the borrowed money can be used to front load your Bitcoin investment.

[Tonimez]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs.

Yeah sure, bitcoin is known for its Volatility and it is one of the characteristics of bitcoin which has made it so very difficult for investors or speculators to predict correctly how the chart goes. If is true that there's no bitcoin approach that is completely risk free but the emphasis on bitcoin risk greatly depends on the direction and individual chooses to follow in his bitcoin journey. Bitcoin traders face real risk everyday and infact they face extreme risks due to bitcoin volatility. Unlike bitcoin traders, Real bitcoin investors face lower risks compared to traders of which to a large extent, investors tend to be almost certain of not loosing their money to bitcoin volatility because they buy, buy and always buy but never in a hurry to sell. Bitcoin investors buy and HODL unlike the bitcoin traders who buy and sells immediately they think they have made profit.

This is why as a newbie, you must choose the right bitcoin practice by not attempting to play smart. Bitcoin trading can be very scary and keeps happening everyday whereby traders loose their money and sometimes they don't have the mind to bear the loss

This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

You are very correct. Borrowing money at all to invest in bitcoin is a huge mistake that many people make everyday especially bitcoin traders. Borrowing money to invest has a serious effect on an individual's attitude to his bitcoin. A bitcoin trader who borrows money to trade could loose all the money and may have to sell any of his assets to pay back or he keeps incurring loans until he is frustrated. This is why bitcoin trading is sometimes referred to as gambling. Secondly, borrowing money to invest in bitcoin with the intention to HODL is also risky and a bad idea because it can ruin your Holding ability.  Bitcoin investors are those bitcoin enthusiasts who buy bitcoin with the sole purpose of holding it for a very long time, say more than 4 to 10 years time. They are not in a rush to sell no matter the price of bitcoin because they believe that the future belongs to bitcoin HODLers. This is the right practice and a safer way of investing in bitcoin and can be ruined by introducing a borrowed money into it.

Bitcoin investment is best done with a discretionary income which is the money left after taking care of all your basic responsibilities. This means that you are only investing with your leftover money which would make it possible for you to forget the funds in bitcoin and HODL for a very long time as long as you also maintain your emergency funds and back up funds which would cushion your bitcoin against untimely sales. You can choose to invest by DCA or any other investment strategy like the lump-sum and buying the dip. But one must make sure that he is investing with discretionary income which if he does, then there's no way he can borrow to invest because a borrowed money is not a discretionary income and a borrowed money can ruin all your bitcoin when you can no longer service the loan for that number of years you initially intended to HODL your bitcoin.

PS: choose bitcoin investment over bitcoin trading, it will not mess your mental health.

[Xcode7]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs. This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

I largely agree to most of what you said here, but I disagree on the highlighted statement in your write up.
Yes it's a risky move to borrow money to invest in Bitcoin because Bitcoin is not risk free and due to the fact that we live in a world full of uncertainty, so many things can go wrong in a very short period of time very fast, but once you have the ability to pay back the loan from another source, it's not a bad idea entirely, where the problem is, is by having it at the back of your mind of paying it back from your Bitcoin investment, that's where it's wrong, but if you have other means of repaying the loan without stress, it's actually not a bad idea, since the borrowed money can be used to front load your Bitcoin investment.

If there are other sources to pay debts and not interfere with the investments we make with borrowed money, of course it is a very wise step, even for long-term investments it is needed when market prices are falling, so there is nothing wrong if we act aggressively to accumulate Bitcoin regardless of where we look for money, but what is certain is that our investments should not be disturbed, but if it is for trading, I really do not recommend that.

[Futurexxx]

. Borrowing money to invest has a serious effect on an individual's attitude to his bitcoin. A bitcoin trader who borrows money to trade could loose all the money and may have to sell any of his assets to pay back or he keeps incurring loans until he is frustrated. This is why bitcoin trading is sometimes referred to as gambling.

I agree with you that it's wrong to borrow money to trade because it might affect your emotions and since traders are advice to trade with an amount they can afford to lose,
It will make no sense because only the thought of losing that loan will make you start making terrible and emotional decisions.

Secondly, borrowing money to invest in bitcoin with the intention to HODL is also risky and a bad idea because it can ruin your Holding ability.  

Nothing will ruin your holding ability if you have other means of paying back the loan, and the outcome of your Bitcoin investment has no role to play in your ability to pay back. If that's the case, then you will be fine buddy

[Barrykbest]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs.

Yeah sure, bitcoin is known for its Volatility and it is one of the characteristics of bitcoin which has made it so very difficult for investors or speculators to predict correctly how the chart goes. If is true that there's no bitcoin approach that is completely risk free but the emphasis on bitcoin risk greatly depends on the direction and individual chooses to follow in his bitcoin journey. Bitcoin traders face real risk everyday and infact they face extreme risks due to bitcoin volatility. Unlike bitcoin traders, Real bitcoin investors face lower risks compared to traders of which to a large extent, investors tend to be almost certain of not loosing their money to bitcoin volatility because they buy, buy and always buy but never in a hurry to sell. Bitcoin investors buy and HODL unlike the bitcoin traders who buy and sells immediately they think they have made profit.

This is why as a newbie, you must choose the right bitcoin practice by not attempting to play smart. Bitcoin trading can be very scary and keeps happening everyday whereby traders loose their money and sometimes they don't have the mind to bear the loss

This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

You are very correct. Borrowing money at all to invest in bitcoin is a huge mistake that many people make everyday especially bitcoin traders. Borrowing money to invest has a serious effect on an individual's attitude to his bitcoin. A bitcoin trader who borrows money to trade could loose all the money and may have to sell any of his assets to pay back or he keeps incurring loans until he is frustrated. This is why bitcoin trading is sometimes referred to as gambling. Secondly, borrowing money to invest in bitcoin with the intention to HODL is also risky and a bad idea because it can ruin your Holding ability.  Bitcoin investors are those bitcoin enthusiasts who buy bitcoin with the sole purpose of holding it for a very long time, say more than 4 to 10 years time. They are not in a rush to sell no matter the price of bitcoin because they believe that the future belongs to bitcoin HODLers. This is the right practice and a safer way of investing in bitcoin and can be ruined by introducing a borrowed money into it.

Bitcoin investment is best done with a discretionary income which is the money left after taking care of all your basic responsibilities. This means that you are only investing with your leftover money which would make it possible for you to forget the funds in bitcoin and HODL for a very long time as long as you also maintain your emergency funds and back up funds which would cushion your bitcoin against untimely sales. You can choose to invest by DCA or any other investment strategy like the lump-sum and buying the dip. But one must make sure that he is investing with discretionary income which if he does, then there's no way he can borrow to invest because a borrowed money is not a discretionary income and a borrowed money can ruin all your bitcoin when you can no longer service the loan for that number of years you initially intended to HODL your bitcoin.

PS: choose bitcoin investment over bitcoin trading, it will not mess your mental health.

I feel many people overlook the psychological burden that comes with investing borrowed money. It’s not just about being able to repay from another source, it’s about the emotional pressure that can cloud your judgment and make you sell too early or panic during dips.
Bitcoin rewards patience, not leverage. Using only discretionary income gives you peace of mind and helps you hold through volatility without second guessing every market move. In the long run, financial calmness often matters more than financial speed.
Just a humble nugget.😇

[abaeze]

. Borrowing money to invest has a serious effect on an individual's attitude to his bitcoin. A bitcoin trader who borrows money to trade could loose all the money and may have to sell any of his assets to pay back or he keeps incurring loans until he is frustrated. This is why bitcoin trading is sometimes referred to as gambling.

I agree with you that it's wrong to borrow money to trade because it might affect your emotions and since traders are advice to trade with an amount they can afford to lose,
It will make no sense because only the thought of losing that loan will make you start making terrible and emotional decisions.

Secondly, borrowing money to invest in bitcoin with the intention to HODL is also risky and a bad idea because it can ruin your Holding ability.  

Nothing will ruin your holding ability if you have other means of paying back the loan, and the outcome of your Bitcoin investment has no role to play in your ability to pay back. If that's the case, then you will be fine buddy

If one thinks about it logically, it is seen that if one has a stable and secure source of income and money is kept aside to repay the loan and if one is not forced to sell even if the price of Bitcoin decreases, then holding Bitcoin with a loan is not financially dangerous. Because, his loan repayment is not dependent on the accumulation performance of Bitcoin.

Although these things are logically correct but in reality I don't like it and I will not advise anyone to do this. Because, most people are not in such a stable state. When the price of Bitcoin suddenly falls, most new/old investors naturally get stressed and later when they lack funds to pay their loan installments, many are forced to sell Bitcoin at a loss or in the middle of the investment and suffer losses. The effect of debt in practical terms seems to me to destroy the safe holding ability of Bitcoin.

[As-Soon-As]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs. This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

I largely agree to most of what you said here, but I disagree on the highlighted statement in your write up.
Yes it's a risky move to borrow money to invest in Bitcoin because Bitcoin is not risk free and due to the fact that we live in a world full of uncertainty, so many things can go wrong in a very short period of time very fast, but once you have the ability to pay back the loan from another source, it's not a bad idea entirely, where the problem is, is by having it at the back of your mind of paying it back from your Bitcoin investment, that's where it's wrong, but if you have other means of repaying the loan without stress, it's actually not a bad idea, since the borrowed money can be used to front load your Bitcoin investment.

If there are other sources to pay debts and not interfere with the investments we make with borrowed money, of course it is a very wise step, even for long-term investments it is needed when market prices are falling, so there is nothing wrong if we act aggressively to accumulate Bitcoin regardless of where we look for money, but what is certain is that our investments should not be disturbed, but if it is for trading, I really do not recommend that.

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

[Cossyblack]

If there are other sources to pay debts and not interfere with the investments we make with borrowed money, of course it is a very wise step, even for long-term investments it is needed when market prices are falling, so there is nothing wrong if we act aggressively to accumulate Bitcoin regardless of where we look for money, but what is certain is that our investments should not be disturbed, but if it is for trading, I really do not recommend that.

It is a shitty idea to borrow fund to trade because it's highly risky. If you're trading with a borrowed money and the market starts moving against you, you will be forced to sell at loss and that alone is shitty. The lender do not care if the market isn't moving in your favor,the repayment agreement must be kept. This is a bigger mess because he already have sold his Bitcoin below his initial purchase price and he doesn't have an alternative source to service the loans. Considering how risky trading/Investment in Bitcoin can be, we should avoid borrowing loans without having an alternative source to repay them. Secondly, we should only borrow money we can afford to lose because trading/investments in Bitcoin is without guarantee.

[ZeroVinsonN]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

There is absolutely nothing wrong with buying bitcoin aggressively as long as you have the financial means to support your purchasing, aggressive buying means that you get to accumulate more bitcoin over shorter periods of time which rings as a win for me anytime of the day. I'm not sure why you think that buying bitcoin aggressively is wrong but I will probably not support that reason if I hear it.
And if you are borrowing money to invest in bitcoin with the hopes of paying back that loan with profits from your investment then you are probably not an investor but a trader instead, investors can borrow money to invest in bitcoin, it happens usually because they want to accumulate more aggressively or the want to buy a DIP, either way it works out just fine if you have a means by which you intend to buy back the loan outside of your bitcoin investment so even if you invested with a loan you still have no practical reason to sell at a loss just because there was a price dump, where you planning on selling too early in the first place?? Your answer is probably NO, so why should you sell early just because you borrowed to invest? Pay off your loan with s different income source and continue with your bitcoin accumulation.
If you don't have a different reliable source of income to pay of your loan with then don't invest with loan, just maintain your everyday or week or month of regular accumulation with whatever Discretionary income you have and your patience will still pay off. If you borrow and can't pay back the loan at the stipulated time because you don't have the financial means to pay back the loan then you might have to sell to early just to clear that loan and if you are not lucky enough then you might actually be selling at a loss compared to when you initially purchased the bitcoin and this is not a good thing to happen to anybody.
So while you can invest with loans and purchase bitcoin aggressively, be sure to have to financial support necessary to back up these strategies, if you don't then just continue with you DCAing.
You can also DCA the borrowed money and buy aggressively through DCAing.

[Father111]

Wether it is trading or investing,  one mist have the bravery of accepting risks when the centre cannot hold and things fall apart.
Its not a matter of life and death. One must understand there are ups and downs.

Yeah sure, bitcoin is known for its Volatility and it is one of the characteristics of bitcoin which has made it so very difficult for investors or speculators to predict correctly how the chart goes. If is true that there's no bitcoin approach that is completely risk free but the emphasis on bitcoin risk greatly depends on the direction and individual chooses to follow in his bitcoin journey. Bitcoin traders face real risk everyday and infact they face extreme risks due to bitcoin volatility. Unlike bitcoin traders, Real bitcoin investors face lower risks compared to traders of which to a large extent, investors tend to be almost certain of not loosing their money to bitcoin volatility because they buy, buy and always buy but never in a hurry to sell. Bitcoin investors buy and HODL unlike the bitcoin traders who buy and sells immediately they think they have made profit.

This is why as a newbie, you must choose the right bitcoin practice by not attempting to play smart. Bitcoin trading can be very scary and keeps happening everyday whereby traders loose their money and sometimes they don't have the mind to bear the loss

This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies.

You are very correct. Borrowing money at all to invest in bitcoin is a huge mistake that many people make everyday especially bitcoin traders. Borrowing money to invest has a serious effect on an individual's attitude to his bitcoin. A bitcoin trader who borrows money to trade could loose all the money and may have to sell any of his assets to pay back or he keeps incurring loans until he is frustrated. This is why bitcoin trading is sometimes referred to as gambling. Secondly, borrowing money to invest in bitcoin with the intention to HODL is also risky and a bad idea because it can ruin your Holding ability.  Bitcoin investors are those bitcoin enthusiasts who buy bitcoin with the sole purpose of holding it for a very long time, say more than 4 to 10 years time. They are not in a rush to sell no matter the price of bitcoin because they believe that the future belongs to bitcoin HODLers. This is the right practice and a safer way of investing in bitcoin and can be ruined by introducing a borrowed money into it.

Bitcoin investment is best done with a discretionary income which is the money left after taking care of all your basic responsibilities. This means that you are only investing with your leftover money which would make it possible for you to forget the funds in bitcoin and HODL for a very long time as long as you also maintain your emergency funds and back up funds which would cushion your bitcoin against untimely sales. You can choose to invest by DCA or any other investment strategy like the lump-sum and buying the dip. But one must make sure that he is investing with discretionary income which if he does, then there's no way he can borrow to invest because a borrowed money is not a discretionary income and a borrowed money can ruin all your bitcoin when you can no longer service the loan for that number of years you initially intended to HODL your bitcoin.

PS: choose bitcoin investment over bitcoin trading, it will not mess your mental health.

I feel many people overlook the psychological burden that comes with investing borrowed money. It’s not just about being able to repay from another source, it’s about the emotional pressure that can cloud your judgment and make you sell too early or panic during dips.
Bitcoin rewards patience, not leverage. Using only discretionary income gives you peace of mind and helps you hold through volatility without second guessing every market move. In the long run, financial calmness often matters more than financial speed.
Just a humble nugget.😇

Can i remember when i came across a thread were you can request for loan, as newbie that I'm, i asked the OP if i can request for such loan and he replied to me that i can only qualify for such loan if I'm under campaign and i asked what he meant by campaign and i was told if I'm to full member and getting myself working any of campaign in the forum and i said okay then, and now i have come across were my mate is advising never to borrow money all because we want to invest in Bitcoin that if we try to borrow money to invest we are going to be forced to sell and regret when dips finally comes and which i think i agree with him.

[gracreavix]

I largely agree to most of what you said here, but I disagree on the highlighted statement in your write up.
Yes it's a risky move to borrow money to invest in Bitcoin because Bitcoin is not risk free and due to the fact that we live in a world full of uncertainty, so many things can go wrong in a very short period of time very fast, but once you have the ability to pay back the loan from another source, it's not a bad idea entirely, where the problem is, is by having it at the back of your mind of paying it back from your Bitcoin investment, that's where it's wrong, but if you have other means of repaying the loan without stress, it's actually not a bad idea, since the borrowed money can be used to front load your Bitcoin investment.

If there are other sources to pay debts and not interfere with the investments we make with borrowed money, of course it is a very wise step, even for long-term investments it is needed when market prices are falling, so there is nothing wrong if we act aggressively to accumulate Bitcoin regardless of where we look for money, but what is certain is that our investments should not be disturbed, but if it is for trading, I really do not recommend that.

Xcode7 Even if I am to support some part of what you said, I still can not fully agree with the part where you called it a very wise step.  Yeah, I understand your point about having another source to pay back the loan without touching the investment,  that is fair, and in some cases, it might actually work out fine. 
But truth be told, it is still a risky move. Using borrowed money to invest, especially in Bitcoin, has done more harm than good to many people. The market does not always go as planned, and once things turn the other way round , that extra source of income might not even be enough to handle the pressure.. If it worked out for you, then that is great, I am happy for you, but personally, I still would not support taking loans for investment. I would rather build slowly with what I have than gamble with borrowed money hoping the market favors me..

[Gallar]

I also want to add that trading is for those who doesn't believe in hodling Bitcoin for long-term, those who wants quick profits and don't mind risking on shitcoins regardless of how risky it is compared to holding Bitcoin for a very long period and being patient with it as well. Bitcoin investment don't require one to analyse the price movement of the market or monitor it regularly like traders do, and investors don't have to be scared of volatility especially when it's the downtrend of it, all that's just require of an investor is to ensure their discretionary fund is available to constantly invest regularly over time for a longer period.

Yes, for people who want to make a quick profit, trading in shitcoins is indeed an option, but it is very risky. In addition, I am personally quite sure that the majority of traders know and believe that bitcoin is the best and that holding it in the long term will certainly yield good results. However, they choose not to invest, perhaps because they are tempted by the extreme volatility that shitcoins always exhibit. They may assume that doubling their assets in shitcoins is quick. In reality, it is not as easy as imagined, as the failure rate in shitcoin trading is extremely high. Even in Bitcoin, which has less extreme price fluctuations compared to shitcoins, the risk of failure is still quite high when traded. Therefore, I believe choosing the safer path is better investing in Bitcoin for the long term.

[Cgrexp]

Yes, for people who want to make a quick profit, trading in shitcoins is indeed an option, but it is very risky. In addition, I am personally quite sure that the majority of traders know and believe that bitcoin is the best and that holding it in the long term will certainly yield good results. However, they choose not to invest, perhaps because they are tempted by the extreme volatility that shitcoins always exhibit. They may assume that doubling their assets in shitcoins is quick. In reality, it is not as easy as imagined, as the failure rate in shitcoin trading is extremely high. Even in Bitcoin, which has less extreme price fluctuations compared to shitcoins, the risk of failure is still quite high when traded. Therefore, I believe choosing the safer path is better investing in Bitcoin for the long term.

Bitcoin has gained acceptance in various fields in the current world. It is natural to have doubts about alternatives or substitutes to Bitcoin. And to hedge our investments, other cryptocurrencies or conventional assets and money can be invested. Newbies should increase their savings in Bitcoin and cash to ensure life management. Bitcoin deposits are important for those who have not seen the full cycle of Bitcoin. Although some may hedge due to doubts. Everyone should take responsibility for their own decisions. It is not excessive optimism about success in Bitcoin but excessive doubt and distrust of people at the retail level that is preventing them from adopting Bitcoin. Negative and suspicious thoughts are frightening, due to which many people delay investing and express reluctance to invest. The biggest obstacle to people's success in Bitcoin is doubt and negative attitude. Which is preventing many from taking investment opportunities.

[Finebone]

Yes, for people who want to make a quick profit, trading in shitcoins is indeed an option, but it is very risky. In addition, I am personally quite sure that the majority of traders know and believe that bitcoin is the best and that holding it in the long term will certainly yield good results. However, they choose not to invest, perhaps because they are tempted by the extreme volatility that shitcoins always exhibit. They may assume that doubling their assets in shitcoins is quick. In reality, it is not as easy as imagined, as the failure rate in shitcoin trading is extremely high.

Trading or investing in shit is very risky because of it volatility, and if you make your own research about it, it shows that they are created for gambling purpose, so it's more of gambling since the chances of you losing your money is way higher than the chances of you making money from it.

Those that trade or invest in shit coin heavily even when they are aware of it danger, are the most stupid set of people because  they let greed blind their sense of reasoning to the point of self destruct without them knowing, that's why I will never feel sorry for such person because they must surely reap what they sowed.

[Hardyrobust]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

Taking loan to invest in bitcoin is not a bad idea as you think. It is only a bad idea when you are expecting a short term profit from your bitcoin investment to repay the loan.nevertheless , if an investor is expecting money from another source other than there bitcoin investment then it won't be wrong to take loan for this purpose. Also talking about losing money whenever there is a dump, is not true. It is only possible for an investor to lose money when they rushed to sell off there bitcoin whenever there is a dump.

[ASloveapg]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

Taking loan to invest in bitcoin is not a bad idea as you think. It is only a bad idea when you are expecting a short term profit from your bitcoin investment to repay the loan.nevertheless , if an investor is expecting money from another source other than there bitcoin investment then it won't be wrong to take loan for this purpose. Also talking about losing money whenever there is a dump, is not true. It is only possible for an investor to lose money when they rushed to sell off there bitcoin whenever there is a dump.

It is never completely wrong to invest using debt, but you should keep in mind that you have a separate arrangement for repaying the debt you are investing with, and even if you invest with debt, you must move forward only with a long-term mindset, not for short-term gains, but for the purpose of accumulating long-term wealth. When you can prepare yourself for these things, then you can definitely invest with debt. Risks are everywhere, but you have to be there responsibly. If someone expects to make immediate profits from Bitcoin, that is basically the wrong decision and this decision can expose him to more losses, especially if he has invested in Bitcoin with debt.

[ejikeme24]

so there is nothing wrong if we act aggressively to accumulate Bitcoin regardless of where we look for money, but what is certain is that our investments should not be disturbed, but if it is for trading, I really do not recommend that.

You seems to have forgotten that aggressive buying of bitcoin need to be done according to the level of our discretionary funds, whatever thing that requires investing aside your discretionary income is Said to be over-aggressive which is not good because it can ruin your investment journey so being aggressive need to be done moderately and not crossing boundaries because if you say that there's nothing wrong if we act aggressively regardless of where we look for money means that you're in support of those that take loan to invest.

Remember the reason why is advised for all Investors to invest from thier discretionary is to avoid messing our investment up, I can only agree with you on this that's if the person is sure of paying back which the guarantee may not be 100% because emergency issues can arise at any point in time. So for this reason I will say that buying aggressively need to be done according to the size of our discretionary funds.

[LOCKACO]

Since I started posting and following this thread, I've been able to understand alot of things differently, especially when it comes to Bitcoin, thanks JayJuanGee, Tonimez and others who has been very informative about bitcoin and now I have more insight when it comes to Bitcoin investing

[ChocolateBitcoinK]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

Taking loan to invest in bitcoin is not a bad idea as you think. It is only a bad idea when you are expecting a short term profit from your bitcoin investment to repay the loan.nevertheless , if an investor is expecting money from another source other than there bitcoin investment then it won't be wrong to take loan for this purpose. Also talking about losing money whenever there is a dump, is not true. It is only possible for an investor to lose money when they rushed to sell off there bitcoin whenever there is a dump.

By investing in Bitcoin, we basically mean that we should invest the amount of money that will not affect our lives if we lose it. In this case, if I take a loan for short-term profit, hoping that the price will increase. Such decisions are dangerous. If the situation is reversed, instead of increasing the price, the price decreases because Bitcoin is a naturally volatile market, the price can increase twice as much as it can decrease twice. And if I invest with a loan in the hope of profit and the price decreases, I will suffer financial losses, but I have to pay back the borrowed money, as a result, I can sell it out of fear before the price decreases further. That is, the fear of debt forces me to exit the market early. In addition, I prefer long-term investment in Bitcoin rather than investing a large amount of money in Bitcoin at once because here I can continue to invest in small amounts for a long time using the DCA method. I think it is better not to rely on short-term fluctuations to repay the loan based only on assumptions.