Quote from: Smilevictorobinna on May 21, 2024, 10:09:06 AM

Quote from: I_Anime on May 21, 2024, 06:23:21 AM

Quote from: Troytech on May 20, 2024, 11:16:12 PM

I don't really know if your reply is in line with the conversation but speaking in terms of which method allows us to be more aggressive I can hardly say cause aggressiveness is a choice that each of us have to decide on our own and whether its buying on dips, DCA or lump sum, aggressiveness has to do with how much we allocate to Bitcoin and how often we buy Bitcoin, a lump sum investor can be also practice aggressiveness if he wants to, I think the concept of beign aggressive is about not investing less than you ought to or is able and also not more than you should, your free to correct me if I'm wrong

Exactly, being aggressive is ones choice and one can use any method of purchasing bitcoin to be aggressive as they please. But most people rather prefer DCAing, when it comes to being aggressive. For instance an individual accumulation amount at first was $50 weekly with DCA method. And he or she began to see the beauty of investing in bitcoin, and lateron they decided to increase their Bitcoin allocation. From $50 to $100 weekly inorder for them to hit their accumulation goal fast, in a long run. But most time some folks Alos choose to be aggressive using lump-summing, even though they where using DCAing before, inorder to coverup some space their accumulation.

Quote from: MarjorieZimmermanGinger on May 21, 2024, 03:02:41 AM

Quote from: Troytech on May 20, 2024, 11:16:12 PM

I don't really know if your reply is in line with the conversation but speaking in terms of which method allows us to be more aggressive I can hardly say cause aggressiveness is a choice that each of us have to decide on our own and whether its buying on dips, DCA or lump sum, aggressiveness has to do with how much we allocate to Bitcoin and how often we buy Bitcoin, a lump sum investor can be also practice aggressiveness if he wants to, I think the concept of beign aggressive is about not investing less than you ought to or is able and also not more than you should, your free to correct me if I'm wrong.

You talked about aggressiveness and do you know the connection, being aggressive in terms of investment may be good because we have the enthusiasm to carry out but how controlling ability is important. If you do not have the ability to control then investment can be done slowly. Have you ever heard how people lose money in investments and it is influenced by individual mistakes, not because of Bitcoin, so when we want to invest, we need to pay attention to how to control it.

It's up to you whether you want to use the DCA pattern or so on, but it must also be able to be carried out according to your ability to control it. Investing in Bitcoin does have the opportunity to achieve success, but capital and strategy are important. Make purchases using a much more responsible method and store bitcoin until it reaches the selling value we want, from there we will see how bitcoin can provide freedom for investment.

One can be as aggressive they can ,but without over doing it, just as sir JJG usually Said. Because most folks usually make alot of mistakes when it comes to being aggressive, mistakes like using their emergency funds to increase their rate of Accummulation without having any backup plan . Which may lead them tampering with their investment, for instance $500 is someone monthly salary and he or she decided to go all in with it without having any reserve funds he or she can take as backup funds , they may endup withdrawing their investment too early and the painful part is that they won't just withdraw the $500 back they may even endup withdrawing everything from their wallet . That's why is better to keep accummulating with any amount you know you can use at that moment, the main thing is that yah being consistent with your accumulation.

I totally agree with you.
However an investor who set target of 3BTC in six years mostly be more aggressive than another investor who have no target.
Alot of investors have their accumulation goal, and that same goal may determine how aggressive one need to be in accumulating Bitcoin, at first one don't have to be over aggressive in order to meet his Bitcoin goal expecially an investor with low financial stability. That why the range of holding and accumulating from 4-10 years is a nice one because it would give one enough time to accumulate some good quantity of bitcoin without being over aggressive in his Accumulation. Because when one his being over aggressive with no proper planning and low financial stability, he or she may endup not having an emergency funds in the process because you being too aggressive towards your accumulation, which may lead to one depending on his investment whenever an over whelming expenses hit them which may lead to one having the habit of tampering with his investment.

You are right in this, setting a goal and working towards achieving it, is the way to success, there are shorterm and long-term investors, the two has different motives for investing in Bitcoin although we can question their decision but we can be able to identify from both of them which one ia more serious with a goal to get than the other in the investment, for every bitcoiner to benefit, he/ she must set a strategic plan and this plan should hodling for a longterm, Bitcoin has up and down due to volatilty and as an investor that has an existing investment in Bitcoin you should have known that halving happens every 4years and during halving, Bitcoin is exepected to pump, if you understamd the events like bear market, bullrun, you will not be quick to take action because you already know that market will be beneficial to you and other bitcoiner iin 5-6 intervals so you wouldnt want to be a premature seller, although there should be other means of getting money to sort your bills and domestic needs to enable you achieve this goal, every season in a Bitcoin has its own benefit, during the dumps and bear market a bitcoiner is expected to acquire more of this asset and keep accumulating hence he/she knows that during the bullrun market profit will definitely come, in conclusion as bitcoiners lets utilize the opportunity of every event and keep accumulating to make our hodling a profitable one.