Re: Buy the DIP, and HODL!

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 accumulating with any amount you know you can use at that moment, the main thing is that yah being consistent with your accumulation.

Any investor who is using his whole salary to aggressively buy bitcoin to increase his bitcoin investment and also buy at a low price is not disciplined with his bitcoin accumulation plan; he or she has allowed buying the dip to decide the amount of money to be used in accumulating bitcoin at the time of the dip. You are right; since bitcoin is not a quick-to-get-rich thing, the investor will not stay for up to a month, and he or she will tamper with his bitcoin investment to survive because he or she messed up his accumulation plan by using his whole money to aggressively accumulate bitcoin. Since the investor has tempered his bitcoin investment, he or she will wake up one day and decide to sell all his bitcoin investment because of the mistake he or she made when buying the dip. We should not be very concerned about buying the dip so that we will not make mistakes that could lead to selling our bitcoin investment when it has matured.

We need to invest bitcoins but invest in such a way that we don't have to sell our holdings if we face danger later. That's why we have to divide it into three parts. Having an emergency fund is the most important, so that we don't have to sell our investments in times of danger. And nothing should be done aggressively, the more aggressive the more likely to go wrong. But we must plan and take all steps to survive our investment for long time.

You can choose to be aggressive during your Bitcoin accumulation journey base on the result you want, if want to invest in Bitcoin and really want to benefit from it you need to be aggressive about it because you want the best for it will help you accumulate more Bitcoin without it affecting your personal life negatively but can be very risky when you over it without having a huge source of income that can help you take care of your personal need when unforseen challenges may arise, then it is going to affect your Bitcoin investment journey because it may lead to selling out your Bitcoin when it is not due time.
So Investing aggressively depends on the level of your discretional income and the level in which your emergency fund has gotten up to, if your emergency fund is up to 6 months and above you can become more aggressive in accumulating more Bitcoin than some one who's emergency fund is below 6 months and above .

Today's discussion in general has been good and has shead a lot of light to the subject of aggressiveness, someone who is just Starting out as a bitcoin investor should know that there are other important thigns that should be put in place before they start getting aggressive in buying bitcoin like having Good reserves and emergency up to 3-6 months , and I think investment should be done with some level of comfort and stability in our finances so that we don't put our self's in an early emergency due to buying bitcoin.