Quote from: Ambatman on October 20, 2024, 09:19:04 PM

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.
You start moving as the market
If it falls too much you sell to control your losses and if it rises you start 'collecting profit '
Personally I believe aggressive is quite greedy thus susceptible to emotional changes.
Invest according to your capability and if you can go aggressive and won't feel it if it dips
Well Good for you.

There's nothing wrong if an investor decides to accumulate bitcoin aggressively, but he shouldn't do it in a way that he cannot be able to sort out his daily expenses, which might get him off the game, partially or permanently.

Quote from: Samlucky O on October 25, 2024, 04:11:11 PM

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.

If an investor is earning $200 a month and uses $20 to invest in bitcoin weekly, it will cost him $80 in 4 weeks, and he also needs to build up his emergency funds as he is accumulating bitcoin. Let's assume he is using $20 to build up his emergency funds. He will have $100 left to use and sort out his daily expenses for a month. Your example shows that an investor is already investing in bitcoin aggressively, and he is also overdoing it because $100 will not be enough to cover his daily expenses for a month, which might get him off the game, partially or permanently. For the investor to be on the safer side, he can invest $20 monthly in bitcoin and use $20 to build up his emergency funds, which will allow him to have more money to use and solve his daily expenses for a month. Maybe when he has built his emergency funds for up to 2 months, he can take a break from building his emergency funds and invest in bitcoin aggressively. After he has accumulated a reasonable amount of bitcoin, he can continue building his emergency funds again.

Quote from: sotelorene on October 24, 2024, 10:17:43 AM

You are absolutely correct, you know sometimes I wish I could turn back the hands of clock but it can't be possible that's why I'm utilizing great this time. It's true that one can start Bitcoin investment anytime, any day but trust me there's going to be a difference between people that is investment now and those who are still procrastinating and will later join maybe in the future, you can imagine how some investors are finding it difficult now to grow their portfolio because of the value Bitcoin has I mean the value is so high that getting a piece of it, is so hard now compare to it 2010, 2012 and then imagine how much difficult it will be in the future.

It was not only you who failed to accumulate bitcoin when the price was very low; you have to put the past behind you and concentrate on your bitcoin accumulation journey. You are still early in bitcoin because the price is still cheap. What should be your concern is how you are going to accumulate a reasonable amount of bitcoin before it becomes so expensive that you find it difficult to accumulate or miss out on bitcoin. In the next 5 years, you might not see the price of bitcoin at this level again, and some people will still regret why they didn't start accumulating bitcoin now.