Quote from: Tungbulu on Today at 01:15:16 AM

Quote from: JayJuanGee on Today at 12:28:35 AM

Sure.. I probably have discussed various kinds of ways to combine strategies, but I doubt that I am suggesting that a hybrid approach is preferable to a non-hybrid approach - and surely some folks might not be in a position to take any kind of hybrid approach until they get their finances in order,. so there may well be some preferences and/or benefits to building up an emergency fund and other cash reserves prior to becoming aggressive, and then maybe my own proclamation has been that guys should attempt to be as aggressive as they are able to be without over doing it.. so the devil can be in the details regarding figuring out the extent to which someone might be being sufficiently aggressive without going too far.. and also a guy might not realize that he went too far until he has some kind of an emergency that ends up testing his own set up.

If I'm getting your point correctly.

To me, it seems that some guys and/or maybe several guys get it wrong when they try to paraphrase me or to sum up what I am saying in their own words, so they end up stating something different than what I said, and surely there can be a bit of annoyance when I feel that I have to respond to those kinds of matters.. so I am not sure about the solution especially if guys some guys are paraphrasing and/or summarizing merely in an honest attempt to get clarification, but still get it wrong... so then I find myself repeating what I believe to be fairly trivial points, and in the end, maybe it does not matter what I think and/or what I said, even though it still feels uncomfortable for guys saying that other guys should do x, y or z because JJG said a, b or c.

Quote from: Tungbulu on Today at 01:15:16 AM

You're saying that a non-hybrid approach is a lot more preferable to a hybrid approach, but if one must decide to deploy the hybrid approach, they must first keep their finances in check.

Of course, I am suggesting that there is a certain value in having solid financial foundations that allow for being more aggressive in your BTC buying/accumulating.. So the stronger a guy's finances, the more aggressive that he can be.

I am not trying to tell anyone or suggest to anyone how they should invest in terms of their own needs to figure out what works for them, so many times if we are talking about someone who is brand new to bitcoin, it is likely important that they get started in bitcoin as soon as possible and don't be diddly daddling around, but just because someone is new to bitcoin, that does not mean that any of us are going to know their finances, so some guys might be able to start out by lump summing and other guys might ONLY have DCA as an option, and surely some guys might already have some emergency funds in place, and other guys might have very messed up finances in terms of having a lot of debt and lack of clarity regarding how much disposable income that they might have.. even though I think that some people have some really messed up finances, an overwhelming majority of folks are going to have as much knowledge of their finances to know whether or not (at this particular moment if we are talking with them on the street) they can buy $10 worth of bitcoin.

Quote from: Tungbulu on Today at 01:15:16 AM

And that the secret and key to am effective hybrid approach is finding a way to strike a balance between investment flexibility and financial discipline, by considering a framework the can be able to combine one's investment growth, one's financial stability and being overly prepared for emergencies that may possibly arise.

You seem to be speaking a bit of gobble-dee-gook here, yet surely I did not say that there is any need to be overly prepared for emergencies, yet the more prepared that anyone is in regards to emergencies, and other financial matters, the more aggressive they can be in their accumulation of bitcoin.

Quote from: Tungbulu on Today at 01:15:16 AM

First building an emergency fund that'll possibly cover one's living expenses for at least 3 to 6 months as well as building other reserves funds, in a liquid and low risk asset.

I repeatedly staid that I believe that there is no need to build your emergency fund in advance of investing into bitcoin, and I also repeatedly said that it is good to get started investing into bitcoin right away, including the possibility of building an emergency fund at the same time, in the event that someone might only start out by having something like 2-4 weeks worth of extra cash that he might have available.

Sure there could be some folks who know their situation and they know that they don't even have 2 weeks of extra cash available, they are not clear about their income and/or their expenses, which means that they are not even clear if they have any disposable income, then those folks should not be buying any bitcoin, but if anyone can determine that they actually have disposable income, such as $10 that they can use to buy bitcoin, then they should be able to get started buying bitcoin and like you suggested, the more they get their financial and psychological shit in order, then the more aggressive they can be in terms of their bitcoin accumulation... so yeah, there could be some needs to at least get their emergency fund up to 3 months of their expenses prior to becoming aggressive in their bitcoin accumulation, but I surely had not said that they need to get their emergency fund up to 3 months of their expenses prior to getting started in bitcoin since anyone should be able to build his emergency fund up to 3 months and to slowly buy bitcoin at the same time, so if he has around $500 per month of absolute bare minimum expenses, then he has to get his emergency fund up to $1,500 at some point and maybe he might choose to grow his bitcoin investment and his emergency fund at right around the same rate, so that they both reach 3 months around the same time.. and surely these are discretionary matters regarding how to do these kinds of things in safe ways and potentially serious attempting to get involved and get started in bitcoin as soon as possible.. while at the same time, getting his financial and psychological matters in order by making sure that he has a plan in place for building his emergency fund.. people are responsible to make their own judgements in these regards, but personally I see little to no reason for such hypothetical person to spend 3-6 months or even longer such as a year building his emergency fund up to 3 months, when previously he ONLY had around $200 to $400 in his reserves, and then he absolutely is not buying any BTC during that time while he is build up his emergency fund.. makes little sense to me and seems overly conservative, cautious and keeps the guy a no coiner for way longer than he needs to be.. in other words, get the fuck started and get some bitcoin, especially if you can figure out that you have any amount of discretionary/disposable income. and if the guy has $200 to $400 that he already considers to be disposable income (it just happens to be reserves and/or float or an emergency fund), there should be no reason that he cannot use $10 of that (or some other amount he finds to be reasonable) to buy bitcoin and at least convert himself away from being a no coiner.

Quote from: Tungbulu on Today at 01:15:16 AM

Is that it, or am I still missing the point?

You are not very far off.. but it might not be good to be trying to paraphrase me...and no problem if you are trying to engage with the ideas and working out your views on how to balance these various matters of becoming a coiner and at the same time figuring out how aggressive that any of us can afford to be without overdoing it and while trying to both build our bitcoin and build the solidness of our bitcoin accumulation within our financial and psychological means and within our individual circumstances..