Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
bitzizzix
on 23/04/2025, 18:48:21 UTC
⭐ Merited by JayJuanGee (1)
Who is the person that passed the law that investors don't need to aggressively buy Bitcoin when they are managing their investment? Buying bitcoin aggressively won't stop you from managing your bitcoin investment in the right way; it is only when you overdo it that you will pass through difficult times to manage and sustain your bitcoin investment for the long term, and if you're not strong enough, you will sell your bitcoin to survive. Buying aggressively doesn't necessarily mean using the amount of money you haven't used before to buy bitcoin. If you are using $5 to consistently accumulate bitcoin weekly, that is an aggressive buy because it is the amount of money you can comfortably invest in bitcoin at the moment without getting stuck in your accumulation journey.
Being aggressive is good as long as you don't overdo it and do it at the right time. Whether you are aggressive or not in investing is completely your personal matter. But always remember one thing that it should never be excessive. I would advise a person not to be aggressive in investing. Because it is important to be consistent rather than aggressive in investing and it is important to keep the backup funds strong. If you are still a new investor, then this is not the right time to be aggressive in investing. It can cause losses for you. Maybe you can push yourself into a financial crisis by being overly aggressive and force yourself to sell the portfolio or when the big dip season starts, you may be deprived of that opportunity which can cause some kind of loss for you and you may regret it. So before being aggressive in investing, think again and again whether you are making the right decision or not.
Being aggressive is good as long as it does not deviate from a well-prepared plan, and if being aggressive by using emergency funds or reserves in my opinion is a big mistake because it is the same as going out of a previously consistent plan that should not be changed. It is better if you want to buy aggressively, use money from other sources besides money for important needs, money to buy Bitcoin periodically and also money for an emergency fund that has been well-prepared because if used without thinking it will be a big problem that will destroy all your investment plans. Because it could be that when you experience serious problems related to money such as losing your job, illness or other disasters that come unexpectedly you have the potential to sell your Bitcoin to be able to meet all of that because there is no choice. And all that because you have diverted your emergency money for aggressive purchases just because of ambitions that should not have happened, and this is what you have to think about in the future that emergency funds must remain until you reach the desired investment target because the emergency funds that you have built for a long time can also increase in the long term.