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I've been thinking, what are investors are successful entrepreneurs? You know, the ones who seem to make it all look effortless. Is it their intelligence? Their charisma? Their luck?
Buying bitcoin randomly is good, and there's nothing wrong with buying Bitcoin
As I dug deeper, I realized that emergency fund stood out above the rest: curiosity. Yep, you read that right. Bitcoin It's the spark that ignites innovation, creativity, and growth.
Think about it. Every groundbreaking innovation, every investors changing business, and every revolutionary idea started with a curious question. What if I could use emergency fund for future use? What if I could make this process better? What if I could create something entirely new
So, how can you cultivate emergency fund curiosity in your own investment Start by asking questions, seeking out new experiences, and taking risks. Remember, is the spark that ignites Bitcoin investments and growth. And who knows - it might just lead you to create something
You come off as a retarded troll, Miramax12. .. or perhaps someone who is distracted into wanting to earn "yield" from shitcoins and then you end up gambling rather than investing, and even using your back up funds in supposedly creative ways and then end up fuckig yourself over since you were trying to be overly smart with your back up funds.
The definition of emergency funds is to have relatively liquid funds available for emergencies and to protect your bitcoin investment.
I think that there is more potential for creativity with reserve funds rather than emergency funds, but still if bitcoin is our main investment and focus, there should be no need to be fucking around with gambling with any of our extra funds, so in that sense your desire for distraction, fun, creativity and potentially earning for money that already has a purpose will likely end up causing a lot of folks (potentially including yourself) to lose focus on the purpose of having various kinds of back up funds.
At some point if you have extra back up funds, then maybe you can fuck around with some of them (perhaps less than 10% the size of your bitcoin investment, to the extent that you are not able to resist gambling temptations).
Good news for those who were little bit worried about the drop in the price of Bitcoin - today the price of Bitcoin has increased by about 5.8% and the current price is $93614.00, which is a 7.1% increase compared to the last seven days. Those who have idle money or have some extra money left after paying all the expenses for living or have any source of income from which you regularly get some extra money that you can invest in Bitcoin in the DCA (Dollar Cost Averaging) strategy, whenever you want, you can buy Bitcoin - this way your investment will gradually build up. Which will be a big investment in the future.
Hitting $94,000 is what we could be proud of seeing happening this time, because i must confess of not expecting it this faster, when there is lots of buzz on the internet already that the reason behind the fall is Trump and am still wondering if the same reason could be on why it pumps to this stage, but to be honest, i must wish all the loyal holders a hearty cheers on making some profits from this recent pump, they can still do more better by reinvesting when the market dips and then they continue in this pattern seizing every opportunity to invest and hold till they break even and make profits on their investments.
Hopefully guys are not trading their bitcoin, but instead accumulating bitcoin for a whole cycle or maybe two cycles, unless maybe they had been able to frontload their bitcoin investment and/or perhaps reach a state of overaccumulation early in their bitcoin investment journey.
It tends to take a long time to build up a bitcoin portfolio, and trading bitcoin (or anything else) is not necessarily going to help to build the bitcoin investment portfolio faster, but instead both put the bitcoin quantity of holdings at risk and also end up inspiring waiting rather than ongoing, persistent, consistent, regular and perhaps even aggressive buying practices, and so with bitcoin it has historically been better to just keep buying it without fucking around with selling and building the investment rather than to be employing waiting strategies, and selling is also problematic for anyone trying to build up a bitcoin portfolio because the point of selling may be to buy back more cheaper, but if the price does not end up going down, you end up with less bitcoin than if you had just kept buying, and then you also become a waiter rather than an ongoing buyer.
Even with you Doan9269.. you have been registered on the forum for nearly 4 years, so hopefully you have been able to build up a decently-sized bitcoin investment during that time, rather than fucking around with trading when you could have had been accumulating bitcoin in the last nearly 4 years.
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.
You are describing problems with being overly aggressive, so hopefully folks can figure out the difference between being aggressive and being overly aggressive, and being aggressive is a good thing as long as you don't over do it... so each person has to figure out the boundary, including that if he has strong cashflow management practices including the building up of various kinds of back up funds, including emergency funds and reserve funds, then he is likely in a better position to be aggressive as compared with someone who might still be solidifying his cashflow management practices, including making sure that he has sufficient quantities of emergency funds and/or reserve funds.. perhaps including having good ways of dealing with any monthly cash float amounts that he might manage over the course of each month.