Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
naira
on 06/12/2023, 08:42:43 UTC
Of course, we have a lot of latitude in how we choose to invest into BTC, and I think that would be my main concern with anyone who is going to approach BTC in what seems to be a more aggressive than typical way is to make sure that they have a pretty solid emergency fund.. .. So in other words, the more aggressive that we are, the more important is that our emergency fund is solid.

True, all individuals have freedom in terms of choosing the way in the investment approach they will take on Bitcoin, there are no restrictions and no one regulates you except yourself, whether you will be aggressive or remain normal as usual in your investment approach basically it is all up to you and your own choice which means only you yourself know what is best / safe for your journey of involvement in bitcoin. On the other hand for those who act aggressively but do not have a good balance or finances in their finances it seems that I would be a little suspicious of them in terms of the purpose of their arrival.

On the other hand, aggressive has the equivalent of excessive, and something that is done excessively usually has a goal that makes less sense behind the scenes, and if there are some who are involved in bitcoin bringing scenarios like this it looks like they want something instant or the meaning of reciprocity that can make them feel satisfied in a short time. Can you achieve the results according to your expectations? yes maybe but do you have a very good understanding and knowledge of bitcoin? maybe yes and maybe no, planning and behavior like that makes me keep a little question mark. Another thing is that I quite agree with your idea @JJG that if we want to do a fairly / very aggressive way of approaching bitcoin that means we must have something that can sustain our real life or that means having prepared an emergency fund that will keep you okay during your involvement in bitcoin, and do not let your aggressive approach not be the result of careful consideration beforehand because obviously it will only worsen your situation and living conditions.

Talking about bitcoin investment, for me there is nothing aggressive because this is bitcoin, not altshit which is more manipulative. You're right, but at least aggressive investing is sometimes necessary when others don't dare enter. So this is how I hear the investment advice in Bitcoin "buy when others are panicking and panic when others are not buying. As long as I have the funds, being more aggressive in Bitcoin is something to enjoy.

Call me exaggerating, but I enjoyed it with confidence. This is not a gamble that is just a matter of trying. Investing has ethics and perhaps one of them is being aggressive when it is appropriate to do so. Investment satisfaction lies when we feel satisfied with large purchases. I won't waste that opportunity, before Blackrock takes more then we have to determine its position from now on.

Maybe you are referring more to gambling, so it is true that if you overdo it it will ruin everything, but investing means a problem of insight and trust. Emergency fund? Yes, that's the problem, but determining investment must also be a decision based on the risks we have taken since we first pressed the buy button.