Akin to the saying that excess of everything is bad,
Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.
Thoughtfully on the other hand we can put efforts to invest as wide as possible but should always do our research and get our findings right about any asset b for moving onto investing in it and if it's the right asset with potential for huge profits maybe investing excessively might not be that bad because the returns will be coming in massively in the future after a waiting period.
It's good to do extensive research before investing, but if you can do research while you're accumulation Bitcoin, your research will be best on road to successful. Compared to spending time on research, you will build up your Bitcoin accumulation by observing the market and becoming a successful investor within 4-10 years. To expect proper results from Bitcoin investment, you should accumulation for the long term and continuously so that a large holding can be built up over that period. You should focus on making huge holdings rather than expecting huge profits because the expectation of profits can make you greedy to sell.
When you say excessively investment, it seems like you're talking about a lump sum investment. You can make lump sum buying from floating cash funds. This process is great for aggressive buying during dips.
There is no need to do much market research when investing or long-term investing. Because you do not do short-term investing or trading that you have to analyze the market and buy. You can buy at any time by adopting the DCA method. There is no guarantee that you will ever be successful by investing in Bitcoin. The Bitcoin market is very volatile, short-term investment has more risk than long-term investment.
If you have excess cash, you can buy during the decline. Because there should be no reason for us to increase our aggressiveness level by betting on Bitcoin's decline. Our regular cash flow improves by betting on our income growth and expense reduction.It all depends on the level of the reserve funds we have, that is to say there is nothing wrong increasing our level of aggressiveness provided it is within our supposed reserve funds for it and point of correction we don't bet on Bitcoin decline but rather we invest in Bitcoin even in decline as an advantage of buying more Bitcoin in a price lesser.
One will be tempted to ask what betting on bitcoin's decline means, is it that you are referring to investing in bitcoin at the DIP as gambling with the assumption that bitcoin might likely not recover again, which will make the idea of buying when the market is down a bad one? Even though we look at a certain price as a decline, if bitcoin continues to grow, then it will be pretty much evident that we have been at a decline all this while without actually knowing. it is at the point that bitcoin will have gone far past this point that we will know that buying at any time we have the means of buying is the best way to go.
Buying at a discounted price is what most investors hope to do, but waiting to only buy at such a point can, in a way, become a serious distraction that will stop you from investing at the go as long as you have the means of doing so. investing with the DCA will eventually make you buy at all the different market conditions and will never place you at a disadvantage.