Quote from: Ruttoshi on December 22, 2024, 04:46:26 PM

Quote from: Roseline492 on December 22, 2024, 04:30:30 PM

Quote from: adultcrypto on December 22, 2024, 01:32:35 PM

Quote from: Mayor of ogba on December 21, 2024, 12:09:02 PM

There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

I disagree with you bro because I grew up knowing that greed is not goo no matter how you paint it because it will always make you to act irrationally.

You are right greed is not good because is an element that could make someone not to be satisfied in anything they have or do and even the aggressiveness people tend to avoid could possibly be brought back by greed, is unfortunate that people tries to use any word to justify how serious they are in Bitcoin investment but did not realize how complicated the word is on the real life because @Mayor of ogba is trying to say that since investors has different discretionary income they should be very greedy, perhaps he is ignorant of the similarities it has with aggressive investment because when you are greedy you push yourself harder beyond the limit you could go.

Investing aggressively in bitcoin doesn't mean that you are greedy or using more than you discretionary income to buy bitcoin. Instead, investing aggressively will help you build your bitcoin portfolio faster as long as you have your emergency funds, reserve funds and float to take care of any financial distraction.

A greedy person or not that invest in bitcoin the proper way without investing over aggressively will not fail in his bitcoin investment, because he might keep on increasing his bitcoin investment longer than he expected because he wants more bitcoin. People who invest aggressively whenever they can will end up with more bitcoin than those who don't invest aggressively when they had the opportunity.

It is true that some folks will purposefully push the amount that they invest within their discretionary income to a level that is aggressive, yet they still have their other back up funds covered, in the event that they might make some miscalculations from time to time, and they also might purposefully shoot to invest towards a place that it 20% to 50% or even higher than their target just so that they are clear and comfortable that they have enough BTC.

A person who practices his system a lot will be less likely to make severe mistakes due to ongoing practices, yet at the same time, a person might not realize that he made a mistake until after he is faced with consequences of the mistake... and I would think that the more a person practices, then the more likely that the mistakes that are made are not going to end up causing any kinds of high levels of damage upon him - especially since there are always going to be trade-offs that are made, and a person can only attempt to balance trade-offs as best as he can based on his own then knowledge of the circumstances, which there are going to be known knowns, known unknowns and unknown unknowns that should be attempted to be accounted for.