Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
bitzizzix
on 01/03/2025, 18:58:30 UTC
⭐ Merited by JayJuanGee (1)
Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.

To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.
Whatever the reason, buying aggressively if you use the money to meet your needs is not a good idea. And also not using emergency funds to make aggressive purchases is also not good, the right aggressive purchases in my opinion are those who use extra money or get money unexpectedly or business profits or others that are obtained outside of regular income that are prepared for aggressive Bitcoin purchases at the right time.

And in long-term Bitcoin investment, you still have to have an emergency fund that is always set aside every time you get a steady income and also to buy Bitcoin periodically without having to deviate for any reason to switch to aggressive purchases because it is very risky even though you have to work hard to cover it, you still have to anticipate if something happens suddenly there is no option to use Bitcoin.