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Yes.. that is a fairly good point to highlight I_Anime.. so in the beginning if a newbie investor tries to be be a bit aggressive or even a bit overly aggressive in his investment into bitcoin, he might feel good for a while, but he is not going to be in a very good position if by surprise he finds out that he was actually too aggressive or even that he had put himself into a kind of emergency status because of his over aggressiveness.
So many times people will suggest that getting into an investment is better to error a bit on the side of some level of conservativeness which means less aggressive and perhaps even a bit whimpy until you get used to the fact that you are trying to set up a system in which you will never ever need to dip into your bitcoin investment before a time of your completely own choosing, which surely may well be 4-10 years or longer.
If people are not used to investing, by fault they might become a bit overly aggressive in terms of considering that some or all of their bitcoin could serve as a kind of emergency fund in the event that mistakes are made, yet surely that is not a very good way to invest into something as volatile as bitcoin.. so if the thoughts are that none of the funds that are invested into bitcoin can be touched for 4-10 years or longer, then that kind of a mental framework might be helpful in terms of investing a bit less into bitcoin while building the various other systems of emergency funds, reserves and float, and surely once those are decently in place and have been practiced for a while, there may well end up being abilities to become more aggressive with the disposable income that is then coming in, than would have otherwise been possible without having those various systems in place and without having some periods of practicing your systems and getting good feels for where the boundaries are.
This a very good information for everyone especially for new investors just starting out, and it also better explains the concept of aggressiveness and how it should be done wisely.
It's good that we also know that there are other necessary thigns we need to take notice of like building our emergency funds and keeping good cash reserves as anchors while we are been aggressive, most people rush into buying bitcoin and end up over allocating to much that they end up putting the same asset that they invested so much in at risk so yeah it's better to take it slowly while you strengthen yourself for a more aggressive approach by putting other systems that would ensure you don't sell your bitcoin prior to the time you had set.
Replying to @red4slash
Sure there are ways we can record our ongoing investments and it has been brought up and confirmed to be helpful so many times even more than just for knowing how much we have invested in bitcoin, this can also help us go back to repharse our steps and know where we have made mistakes and apply correction in our future plans, you can use an excel software to keep record of your investment actions or I myself I use a journal, but once I have a laptop as i planned to get one even if I have quite been unwilling to get one I would start using excel for that purpose, I just seem to enjoy the traditional pattern of keeping record.
Surely having a computer and being able to use various computer programs, such as excel, can be very powerful in terms of helping you to get to higher levels of analysis in terms of manipulating your data and/or changing some of the variables to be able to project forward in a variety of ways.
Surely you can also do several of the same functions with paper and pencil and maybe even some of the ideas might make more sense when they are on paper and even spread them out and look at your various notes in which some of them you might update regularly and others you might use to model out and/or get better understandings.
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Keeping record has been a good practice I learnt from you and it has helped Me to always retrace my steps and have my time to know what I I doing wrong and at times a mistake that woudl have taken a longer time to notice becomes way easier to find in a short period of time.
Although my most use of records are to set out future expectations of my plan to see if what I plan to do won't affect me on a longer time frame and how well it the plan is compared to other plans, but at times I can never figure out the path that would have been best for me to take untill after everything has been settled, anyway the more I do it the better I get at making those decisions.