Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Taskford
on 04/12/2024, 22:17:34 UTC
Our investment is meant to be within the level of our discretional income wether in terms of increasing our investment allocations or maintaining it, it is more like gambling for any one to invest more than their level of  discretional income because they will end up using the money that is meant for others living expenses to buy Bitcoin and at such may end up running after your investment to solve your other needs, indeed the concepts that is more reliable is to approach our investment without any form of pressure, but if there is any good reason to increase our investment amount it is also good, but it shouldn't be done by seeing it as a stress.
Surely you may be right by saying that our investment is meant to be within the level of our discretion whether to increase or decrease, but don't also forget that we can also do better by increasing our level of income to be able to have a good accumulation power, through increase in discretion. We must not be stagnant or pegged at a constant price of accumulation or source of income or having a constant discretion. So surely we should be aggressive sometimes knowing that bitcoin is volatile and will not wait for anyone, Don't forget that as bitcoin increase so do the gass fee increases, if we are too comfortable with our accumulation strategy or tactic and or our level of discretion we may be disappointed when gas fee will be very high that sending our weekly DCA amount of bitcoin to non custodial wallet, may be equal to bitcoin gas fee. Lets assume $20 weekly DCA  plus $20 gas fee equal to $40 total expenses in assumption. except you change your weekly investment to monthly, to reduce the gas fee. So sometimes we can as well increase our investment when our level of expenses has reduced.  

There is nothing wrong increasing our cash flow which may apparently influence our investment allocations over time, perhaps there are also time when we may spend more or less in different weeks or months or receive bonuses in the office one can as well increase their investment amount, and when it comes to being aggressive that doesn't necessary means that it must be an increments in our investment allocation, one can still be very aggressive even with as little as comfortable they can be, I must say this, there is need to prioritize comfort towards our Bitcoin investment, don't forget is for long term hence any investment decisions made by pressure will negatively influence our investment or shortened our plans, the point is to be comfortable in terms of whether you are increasing or decreasing your investment allocation.

Nothing bad of increasing the cash flow if we are capable to do it and we have good source of income. Since there are scenarios which we want to add more money from our investment since we don't want to use it from other nonsense things. I prefer to do it especially when talking about bitcoin since there's many good things to happen on future and don't wanna missed out those good opportunities that I'm capable to add more money to increase the volume of my investment.

I think we don't need to be aggressive dealing with our bitcoin investment since simple consistency on everything we do especially for our accumulation is fine since as long as we are doing the right things for sure that we can hit those goals we set for our investments. When talking about comfort yes we should prioritize this one since if we struggle then there's huge chance that everything we do might get affected that's why we need to settle everything and make sure that we have to get multiple source of income so there's huge chance for us to succeed on our plans to go long term with bitcoin.