Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
BD User
on 19/04/2025, 17:47:57 UTC
There are many people who decide to buy Bitcoin with emergency funds in this way, there are many mistakes in their thinking, they decide to buy Bitcoin with emergency funds, but they do not even think that an emergency situation can arise at any time, when they need this fund. Buying Bitcoin at the dip price is definitely good and profitable, but for that, we should never remove the safety fund for this. Because as much as you are thinking of buying Bitcoin at the dip price with emergency funds in the hope of making a profit, when faced with a real situation, you will likely lose more than that. Therefore, you should never buy Bitcoin with more money than you can afford, especially buying Bitcoin with a specific fund is never reasonable. Keeping the DCA consistent, if you want to buy Bitcoin at the dip price, then create a separate budget for it as a reserve fund, this is the right decision.
Only a greedy person can take such a step. Being aggressive in investing does not mean that you have to be aggressive in investing in any way. I agree with you that those who do such things are taking a big wrong step and are misusing the emergency fund. He may not know how harmful the consequences of this mistake can be. Emergency fund should not be used in any way except in an emergency and should always be preserved. Being aggressive in investing is not so important that you have to be aggressive in investing by using the necessary funds beyond your means. If you are consistent in investing then you will get the opportunity to buy dips later and if you continue to do DCA you will definitely be able to buy dips. But if you want to be aggressive in investing then you should create a fund.