Quote from: Kodec5 on September 15, 2023, 11:23:11 PM

Quote from: ginsan on September 15, 2023, 10:22:56 PM

Quote from: JayJuanGee on September 14, 2023, 11:39:13 PM

~~.. and maybe even having some ideas about how long it might take to replenish that fund in the future.. 3-6 months? maybe a year?

That's what hinders my investment rate if I have to act aggressively in a bear market situation. Yes, to cover emergency fund reserves will take time and that could hinder one of the DCA options that I have done so far. So at this point the cushion we have is not too strong to move aggressively in accumulating BTC so I have to adjust this step well so as not to disturb me at the DCA level at each stage. However, for those who have large emergency fund reserves, they can certainly move more aggressively in the last few days to accumulate BTC below $26k. In this case, every decision is certainly supported by their financial aspects and will not interfere with their DCA strategy.

Why most people aggressively invest in Bitcoin others still sees it as a ton of luck or risk. Bitcoin has so many factors compiled together so as to successfully achieve enough profits at its bull run, factors like risk management and market analysis are all to be put together.

Just thinking about two friends, David and Alex, who heard about bitcoin in 2014, David invested small amounts of his savings into it. The price of bitcoin has increased significantly since that time, and David put in some risk management strategies and took profits a few times. On the other hand, Alex learned about his friend's enormous gains and hastily invested all of his savings in bitcoin before the major correction of the last bull run. Later, he sold his bitcoin at a loss. They both invested in the same market, but their risk management strategies differed.

Aggressive investors in bitcoin know about the market. They must consider some factors like historical repercussions, decentralization, finite supply, diversification, adoption, and utility. All these show a very bullish sign that bitcoin is going to be the next financial savior when the petrodollar is collapsing very fast. There wasn't any better alternative than gold before, but bitcoin's scarcity makes it more valuable than gold, and there is no reason to believe it will stop its growth in the future.