Quote from: Megaboss12 on April 09, 2025, 09:38:30 PM

Quote from: Tonimez on April 09, 2025, 06:41:10 PM

Quote from: I_Anime on April 09, 2025, 06:17:56 PM

So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly

Emergency funds are always for emergencies. No good investor would encourage anyone to invest part of all of his emergency fund simply because of Dip. Market volatility has no time frame and could be as short or long as no one would actually predict. Emergency funds toe is no longer your fund, it's set aside for life sake.

The current situation of bitcoin is a great opportunity for investors. Maybe traders would finally decide to quit trading for investment this time.

Emergency is not set aside just for life's sake... Emergency fund is for contingencies - good or bad...It's wise to use one's emergency fund in case of dip irrespective of how long or short that dip could be. Great investors will always take advantage of dips even as they still invest during boom. There's no way I will not buy more bitcoins during dip. I operate based on DCA, but dip is when I break the records. I'll still set up emergency funds if I ever get to use them up.

If you form the habit of using your emergency funds whenever there is a dip, you will end up defeating the purpose of the emergency funds. You know there will always be correction in the market, so we cannot continue to exhaust the emergency funds and not run into problems. It is therefore better to use the emergency funds for the purpose of its creation to avoid dipping hands into your bitcoin when you actually have emergency and by then you would have used your emergency funds to make purchase.

Quote from: ZeroVinsonN on April 09, 2025, 09:42:27 PM

Quote from: Sonia_123 on April 08, 2025, 10:55:18 PM

In Bitcoin accumulation one never gets tired of buying and accumulating, since you can't be tired of being wealthy , just as money is important in our day to day activities to meet our needs and wants that is how Bitcoin accumulation is important to our lives as an investor.
Accumulation of Bitcoin is a daily continuous process that one keeps doing for future purpose , Bitcoin is not a perishable asset that goes bad therefore accumulation should not be a problem to increase your portfolio, you don't get satisfied with Bitcoin, one will just have to keep buying and holding until the end of Bitcoin.

This is my point, though I also believe that people can actually stop accumulating if they want to, like in a post I made referencing an old man Check out this post this could also work for a younger person who doesn't want to accumulate anymore and just wants to live out the rest of their lives without work or stress, not everyone does this though, thats why I said

Quote from: ZeroVinsonN on April 07, 2025, 09:56:17 AM

though has alot of bitcoin in stash, deciding to keep accumulating is more likely than not

"more likely than not" here means that a higher percentage of people would prefer to keep accumulating, but other might stop accumulating, it could be a 60% to 40% ratio, where 60% of people will choose to keep accumulating while 40% won't, this theory supports that while certain people don't want to ever stop accumulating, there are also people who can accumulate enough and stop accumulating while living off their bitcoin stash of 9 maybe 10 years of weekly accumulation of bitcoin using the DCA method

Everyone have their reason for getting started with bitcoin and the target they want to achieve in their bitcoin accumulation. While some might want to acquire 10BTC, there are some that might just target 1BTC and there are even those that will continue to buy as long as they are still in paid jobs so that when they retire, they can sustain the same lifestyle they have while still working, which is like saving for the rainy days. Therefore, there is no general target for bitcoin accumulation instead, you have to figure out what is best for you.