Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 17/12/2024, 03:44:35 UTC
There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.
Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.