Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Tmoonz
on 11/07/2024, 17:59:37 UTC
@Reincarnated Sat understand that being Aggressive in accumulating Bitcoin doesn't mean spending irresponsibly but at your comfort. Buying aggressively depends on individual income, for example an investors income is $1000 after every other expenses covered and he/she is left with $400  at his discretion investing $200 in bitcoin can be seen as aggressive because it good amount available at his disposal. The purpose of aggressiveness is taking bold and committed step to your investment aim, but also having a balance in other personal priorities.

From my knowledge, being too aggressive in investing may not be a good decision. The purpose of investing is not only to invest, but you also need to know and commit to the strategy of prolonging the investment.

You can continue your investments gradually rather than being aggressive in investing and focus more on keeping your funds moving. Remember, the stronger your funds, the stronger your investment base. I think of emergency funds as the cornerstone of investing. Consider reserve funds and other necessary funds as emergency funds and investment aids. For example, if you run out of your emergency fund and you need more money, you can take help from the reserve fund. On the other hand, if you want to buy additional bitcoins during a bearish market, you will have the opportunity to buy more bitcoins with the help of reserve funds.

There is nothing absolutely wrong being aggressive with your investment, the logic is, invest, take position in the market as much as you can without over doing it such that it will now affect your other living expenses negatively, your investment can become problematic if only you are being overly aggressive to the extend of using the money that should be meant for your living expenses for your investment, buy as much as you can without over doing it which I see is the reason for preparing for the up that may or may not happen.