Re: Buy Buy Buy or Sell Sell Sell?

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

Leaving a little money for needs that we don't expect is of course very important because if we don't have these funds and choose to invest all the savings we have, of course this will make us unable to carry out investments well, because we cannot know the need for these funds. with certainty and if we don't have it when we need it, of course this will make us have to pay back what we have invested, both in terms of losses and profits. If it is in favorable conditions, of course this is certainly not a problem, but if the investment conditions we are in If you don't run it in good condition, of course you have to take it in a situation that is detrimental to you.

Yea, it is good to have an emergency funds and reserve funds down, including floats to enable you take care of any financial issues that arises during your bitcoin accumulation journey. After you have taken care of your monthly expenses and needs, the left over is your discretionary income and that should be shared into two parts and invest with one part on bitcoin buying regularly weekly or monthly using DCA for 4-10yrs. The other part can be used to build your emergency funds for at least 3-6 months, after that you can switch over to building your reserve funds. It is a long time journey and any investor that plans it properly will be able to achieve a good result after 10 years and will also be able to reach his bitcoin target.

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

If you think that works for you fine, but what I understand is that you should only use your discretionary income to invest in bitcoin. This is, after taking care of your monthly needs and expenses, the left over is what you should share into two parts and use one part to buy bitcoin. This will enable you to be able to buy bitcoin regularly and persistently because the money that you are using for DCA is an amount that you will not be needing for long and that I what I am also doing. You can save up the other part to a good size while investing in bitcoin, and that can be used to build up your emergency, reserve funds and float. Since you are on a long term journey, that will help.

If all that is put in place, the second part of your discretionary income can then be used to DCA aggressively if you want. Your emergency funds should be in a good size of 3-6 months, since that is what will depend on how aggressive you will be when DCAing.

How much of disposable income should be DCA and how much should be floated in cash mainly depends on the financial soundness of the investor as he may already have a lot of float so he should be aggressive. One thing you should consider here is that if an investor or depositor already has enough floating cash to cover his family's daily expenses for at least more than a year, he should deposit two-thirds or more of Bitcoin instead of just dividing his disposable income into two. can do In this case he may do aggressive buying which can get a decent portfolio in a short span of time. You should aim to accumulate bitcoins by managing DCA for a long period of time which is at least 10 years or more.

Your aggressive buying level should be as per your plan as positive strategy in your investment can help your profit to be high. During the regular DAC operation period you will be exposed to various price offers and you will tend to buy more bitcoins in relatively bearish times. It is important to be aggressive when doing DCA consistently and have a DCA stash of at least 2-3 years because of the maturity of your investments.