Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy Buy Buy or Sell Sell Sell?
by
Ruttoshi
on 26/10/2024, 14:50:35 UTC
⭐ Merited by JayJuanGee (1) ,DaNNy001 (1)
Snip
Aggressively is aggressively
There's nothing like over doing it and under doing it.
If you invest aggressively it would help get to your Bitcoin target faster or slower is two ways.
Ambatman I guess you are missing something here, when people talks about investing aggressively, it comes in two forms which are this two below, this is my own definition or explanation of aggressivenes:

1. Overdoing aggressive investment: this simply means when an investor increase his bitcoin accumulation process from the initial regular amount to a new amount without considering the size of his discretion and may be financially distablized as a result of lack of planning. maybe his salary is $200 and he often invest $20 weekly making it $80 per month. He now decide to increase from the initial weekly $20 to $30 weekly making it $120 in a month without considering the effect it will cause him just because he want to increase his bitcoin portfolio, so surely he is overdoing it. Because the remaining $80 may not be capable to handle all the responsibility including emergency fund.

2. Underdoing aggressive investment: may simply means a normal way of investing without overdoing it. Just an opposite explanation. You may still increase your investment process without being affected in this category.
Whatever makes you to buy bitcoin aggressively out of your discretionary income or from extra cash that you never expected, and you will not be needing such cash because to you can do without it for long means that you are overdoing it, and that is similar to gambling because whenever the need of such cash that you use to over aggressively invest in bitcoin comes, you will sell your bitcoin to take care of it and run at loss if bitcoin is at the dip.

The amount of income, your discretionary income, and your back up funds will determine how aggressive you will be when accumulating bitcoin. For instance, an investor with several source of income can boldly buy bitcoin aggressively without overdoing it, because he has other sources of income which he can use as an edge to his aggressiveness. But an investor with little discretionary income will not be in a position to invest aggressive as someone with large discretionary income

On the other hand, under aggressive means when you are buying bitcoin in a whimpish way using very little amount from your discretionary income when you can use more than that. For instance, your discretionary income is $100 weekly, and you are investing $10 into bitcoin every week instead of $50 or more without it affecting you financially.