Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Gallar
on 04/03/2025, 10:17:39 UTC
Buying Bitcoin aggressively with the fund set aside for basic is one of the step for every Bitcoiner to sell at lost price no matter the good intention s/he has and no matter how people make wrong decision with their Bitcoin investment we can only make them understand the fact about how to accumulate Bitcoin profitably because even if you're Satoshi and you provide them the right guide they will still end up following their path.

Your response is a bit contradictory to me because how do buying bitcoin aggressively a step for bitcoiners to sell at lost. Anyways while i am still trying to grasp what you are saying, i can tell you that there is no such thing as bitcoiners selling at lost price while investing aggressively but i can put it in a clearer way for you. Buying aggressively can only depend on the size of your discretionary income such that you can chose to invest all without minding how big the amount is since it is still at the level of your discretion. It can also depend on how big your income is and how little your expenditures are that will tell if you will have enough discretionary amount to invest aggressively.
Possibly you might have omitted where he said buying bitcoin with money set aside for basic needs. The key words there is ( Basic needs). I think this is why you were confused with what @Suzanne5223 was trying to say. When reading a posts, it's better we are relaxed. We should not be in haste, or high with substances as this might make us not to read through the lines. Now that I have pointed out where you missed, hope you will go back to his post and see that he was actually on track with what he saying.

You can be aggressive as you like when comes to bitcoin purchases Aslong you have enough discretionary income to back things up , because going with money that you gonna need , like for basic needs is not a smart one at all because it will only give you more reasons to sell early and most time selling early may = to losses , there are some folks that sold their bitcoin when the prices drop to the range of $78k recently because of some certain expenses they wanna take care of and this is where emergency funds are needed because with it you be able to hold your bitcoin as long as you can, even when there might be some expenses you be able to handle them without tampering with your bitcoin investment.
Honestly speaking a friend of mine also was a victim of this to by selling his BITCOIN when he was in need for money that why i careful study my account balance before i buy any BITCOIN so that it may not affect that newbies are always advisa when investing alway use what you can afford to lost
It is important we buy bitcoin from our discretionary income not from money we will be needing soon so that will we not sell out our bitcoin when we weren't supposed to sell, investing with money for family upkeep is very wrong because what we are making is long time investment, your friend wasn't investing with his discretionary income he never got the right information how bitcoin investment is it be could be that he believes that bitcoin investment is a get Richer quick investment just as ponzi, so trying to study your account balance before purchasing bitcoin shows that you are investing with your discretionary but money kept for family upkeep and it is wrong it's just like gambling/trading.
The answer to this long discussion is clear that when investing in bitcoin, the first thing to prepare is knowledge and discretionary income. Because with these two aspects we can immediately dive into bitcoin. So in essence, if we want to be safe when investing in bitcoin, don't follow our desires. Because basically what causes someone to invest in bitcoin using hot money is definitely because the person cannot control their desires well. Maybe the person is motivated because they see other people being successful from bitcoin investment results, so they dare to buy bitcoin without thinking twice and using hot money. Now that is what is dangerous, so in this case, it is very important for all of us to be able to control our desires well, especially when we are going to enter the investment realm. Because if we cannot control our emotions well, how can we control our finances well. That is why I emphasize how important it is for us to control our emotions. Because there are already many stories about people who cannot control their desires and end up getting caught in losses.