Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 04/12/2023, 20:12:33 UTC
All what you have said is true,  I really do understand what salamuh is trying to say, that you shouldn't invest angressively. Investment should be base on how you invest without having second thoughts of selling your coin when there is problem. You have narrated everything that you dont have kid or family. For that reason you can do it fine. What if there is no $40 weekly payments business how would you also cope? Because you talk base on absumption and you are not really sure. For me if you are reacieving payment like $200 according to salamuh absumption, what I will advice is to reduce it from the %50  to %25  Eg salary $200 ÷ 2 = $100 the first $100 is for taking care of your responsibility or reserved fund. while the other $100 ÷2 = $50 each, you can use $50 for DCA $25 for lump some and the other $25 for buying dip. I think this will reduce the stress of depriving yourself of some certain things all because you want to meet up target. Even as we are trying to accumulate, we should know that all our efforts is to survive and puts food to our table. If you deprive yourself of something's thought it wouldn't hurt you that moment but later you will realize that some things need to be fixed at the write time. In other not to affect your bitcoin. For example somebody who starved himself because he want to accumulate btc and later have a stomach ulcer, you will still need to sell your accumulated btc to treat your predicament.
Every investors has his or her plan of investment. So you can't really determine what is an aggressive investment. Provided I have my emergency funds that I can always rely on I don't think I have a problem of investing 50% of my salary. What is important is that I don't have any pressure on me. Nobody invest and forget he/she will eat. What is important is to invest according to your capacity and your level of income. If I earn $1000 as monthly salary and invest %50 of my salary I will be fine with the other balance left. So are you going to call that aggressive investment? Someone earning $100 monthly should not copy my mode of investment and invest $50 of his salary. This is why I said every investors should invest according to his capacity and level of income.

You are right though. I should have understood that investment is base on individuals differences and self decipline. What will favour Mr A will not favour Mr B.  My plan and your plan might not be thesame but heading towards thesame direction.

I don't disagree with anything that you are saying Justbillywitt, but in your last couple of sentences, you are fighting with the hypothetical.

If we say that you have decided to spend 50% of your income in bitcoin, and you agree that your income is $200, then that would be $100.  So yeah, it is up to you if that is manageable or not based on your situation, and hopefully you have an emergency fund too.

If you add $40 to your income, then your income went to $240.  It did not stay at $200, so if you are still investing $100 into bitcoin then that would no longer be 50%, it would be 41.67%.  If you want to continue with 50%, then you would have to invest $120.. based on that exact example.. if you add a side income, then you have added to your income, and lowered your percentage into bitcoin, unless you also put 50% of that into bitcoin, and sure a lot of different variations are possible, but you should at least present your hypothetical properly and not claim to be investing 50% of your income into bitcoin when the facts that you describe show that amount to be 41.67% when we account for all of the actual income.

I think your fact was not hypothetical explained. Just as JJG has explained. Perhaps if it were explained in detail, it wouldn't have been misunderstood. But any way I fully understand what you mean.