Re: Buy the DIP, and HODL!

Levels of aggressiveness should not be measured in absolute terms, but instead within the amount of discretionary income that you have, and so yeah a person with higher income could buy more BTC but that does not necessarily make him more aggressive than someone with lower income and who might be using all of his discretionary income to buy BTC. Maybe we can take some extreme examples.

One guy has $100 per month of discretionary income and he uses all of it to buy BTC.. This guy is quite aggressive and maybe even bordering on over aggressiveness (especially if he miscalculates his expenses or if he does not have reserves in place).

Another guy has $2k per month of discretionary income and he invests around $100 per week into bitcoin, which might be considered moderate and maybe even whimpy.

if you received $1500 and you invest $300 each every week, making a total of $900 per month left with $600, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner. If you Invest $900 on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved?

the scenario you've painted here depends a lot on the individual that's involved, but for most cases, I think that investing $900 while using $600 to run your monthly expenses isn't a bad idea. If I tailor this down to my situation where $600 is equivalent to N780k of my currency which to be honest is enough to take care of an average household for at least three months, then, it's not a bad decision if someone that earns such amount of money within a month decides to make such form of aggressive investment.

My example of $600 is for countries using dollar, we all no that dollar when converted is a big money in a lot of under developed countries, so using my example and placing it in ur country is wrong of you.

You can't actually blame him for using your example and placing it on his country, because you left your information open without being specific, therefore giving people opportunity to interprete it differently. That's why it's I always encourage people to always specific or give full details when writing a post so that anyone who is reading through it will know the angle you are talking from thereby reducing their ability to give your write up a different meaning. Meanwhile not all the countries that are using dollars are using are using the same dollars. We have the Canadian dollar, Australian dollar, Zimbabwe dollar, United States dollar, and these dollars don't have same value in the stock exchange or money market. So next when make a post it will be helpful to other readers if you are more specific with your statement as it will avoid some unnecessary debate and argument.