Quote from: JayJuanGee on September 01, 2024, 05:29:49 PM

Quote from: laijsica on September 01, 2024, 11:19:27 AM

Recommended for new investors to follow a different policy which is a part of disposable income he will continue to accumulate Bitcoins and run continuously until his portfolio is of a decent size and can continue to increase the size of floating cash to meet urgent needs so that the family has no difficulty meeting expenses. However, the higher the amount of cash funds, the more aggressive the investor can be in accumulating bitcoins.

Sure. The more back up funds, then the better position a person can be in terms of aggressively investing into bitcoin, so there likely are always going to be competing interests for the use of disposable income and how to prioritize the use of such disposable income, and surely having more back up funds and even higher levels of investment into bitcoin, then there could be personal choices about whether to add other kinds of investments to the holdings or whether to just continue to build the bitcoin holdings. There is no need that they have to do in any particular order in the event that they have priorities to buy a property or to create a cash generating business for themselves, yet they may still have to account for the tradeoffs that are involved in each of the choices, including as we have many times discussed in various threads about how some people might be in a stage of their lives where they do not earn very much money (or they are not able to earn very much money), so some of these low income earners might be in a better situation to use their resources in order to either get job training and/or to get work experiences that will increase his income, and so these particular people might be better off to use resources to invest into themselves and their own skills rather than buying bitcoin with that money, and each person has to figure out his own various balances.

Yes I totally agree with you. Many investors who work mostly small jobs or have relatively small income variances may be less inclined to deposit bitcoins, but should continue to apply the DCA method and deposit bitcoins. And at the same time, building a backup investment fund so that he can maintain the trend of accumulating bitcoins for a longer period of time. However, a common mistake among investors is not to build a backup fund which can be a bit confusing to continue investing for the long term. If a person can run the deposit for 2 years or more through his job or business then his portfolio can be fairly decent size though it depends on the size of the deposit and later he buys more during dips to bring more discipline to his investments so that real Consistency with resources can be developed. At least 2 or more cycles can be run while the deposit is running, but there may be a large increase.

Holdings should tend to increase steadily with rising earnings and make single buying decisions at each dips in price which is consistent with real assets. In my opinion, once an investor's portfolio is fairly decent, then he should be more aggressive and more aggressive in increasing his bitcoin holdings.